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QTUM Stock Tickeron detected bearish ETF Pattern: Triangle Symmetrical Top QTUM on February 24, 2025, netting in a 7.43% gain over 2 weeks

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+7.43% Gain from a Successful pattern Triangle Symmetrical Top
QTUM - Defiance Quantum ETF
Tickeron
Ticker: QTUM
Company: Defiance Quantum ETF
Gain from shortening: +7.43%
Confirmed: 02/24/25
Succeeded: 03/03/25
Total length: 19 days
On February 12, 2025, A.I.dvisor detected a Triangle Symmetrical Top Pattern (Bearish) for Defiance Quantum ETF (QTUM, $83.53). 12 days later, on February 24, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 03, 2025, the stock hit the target price of $76.43 – resulting in a gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for QTUM turns negative, indicating new downward trend

QTUM saw its Momentum Indicator move below the 0 level on February 21, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 76 similar instances where the indicator turned negative. In of the 76 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for QTUM turned negative on February 21, 2025. 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 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

QTUM moved below its 50-day moving average on February 24, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for QTUM crossed bearishly below the 50-day moving average on March 03, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 QTUM 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 RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where QTUM's RSI Oscillator exited the oversold zone, of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 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.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QTUM advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .

QTUM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 382 cases where QTUM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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