PFIX Stock Simplify Interest Rate Hedge ETF (PFIX, $54.96) price may drop as it broke higher Bollinger Band on Jan 07, 2025

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PFIX - Simplify Interest Rate Hedge ETF

Bollinger signal

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Odds of DOWN Trend

Price: $54.96

Daily change: +$1.46 (+2.73%)

Daily volume: 88.4K

Net Assets: $189.7M

PFIX's RSI Oscillator sits in overbought zone for 2 days

Watch for a price pull-back in the near future.

Technical Analysis (Indicators)

Bearish Trend Analysis

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

PFIX broke above its upper Bollinger Band on January 07, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PFIX advanced for three days, in of 200 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 190 cases where PFIX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .