QMOM Stock Tickeron detected bullish ETF Pattern: Broadening Top QMOM on September 23, 2024, netting in a 7.85% gain over 1 month

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QMOM - Alpha Architect US Quantitative Momt ETF

Ticker: QMOM

Company: Alpha Architect US Quantitative Momt ETF

Gain: +7.85%

Confirmed: 09/23/24

Succeeded: 11/07/24

Total length: 48 days

QMOM in +1.91% Uptrend, rising for three consecutive days on November 21, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where QMOM advanced for three days, in of 355 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 05, 2024. You may want to consider a long position or call options on QMOM as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for QMOM just turned positive on November 06, 2024. Looking at past instances where QMOM's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 369 cases where QMOM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for QMOM moved out of overbought territory on November 13, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 71 cases where QMOM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

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

QMOM broke above its upper Bollinger Band on November 06, 2024. 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.