OILD Stock MicroSectorsTM Ol&Gs E&P -3X Inv Lg ETNs (OILD, $18.49) RSI Indicator left the overbought zone on December 24, 2024

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OILD - MicroSectorsTM Ol&Gs E&P -3X Inv Lg ETNs

RSI signal

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Odds of DOWN Trend

Price: $18.49

Daily change: -$0.43 (-2.27%)

Daily volume: 45.1K

Net Assets: $18.9M

OILD's RSI Indicator recovers from overbought zone

The 10-day RSI Indicator for OILD moved out of overbought territory on December 24, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 22 instances where the indicator moved out of the overbought zone. In of the 22 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on OILD as a result. In of 52 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for OILD turned negative on December 31, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 28 similar instances when the indicator turned negative. In of the 28 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where OILD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The 50-day moving average for OILD moved above the 200-day moving average on December 23, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

The Aroon Indicator entered an Uptrend today. In of 111 cases where OILD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .