RAAX Stock VanEck Inflation Allocation ETF (RAAX, $29.67) Stochastic Oscillator left the overbought zone on November 11, 2024

GET DAILY SIGNALS

Get AI intraday signals

RAAX - VanEck Inflation Allocation ETF

Stochastic signal

View

Odds of DOWN Trend

Price: $29.67

Daily change: -$0.29 (-0.97%)

Daily volume: 10.9K

Net Assets: $86.2M

RAAX sees MACD Histogram crosses below signal line

RAAX saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 11, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 41 instances where the indicator turned negative. In of the 41 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on RAAX as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 RAAX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

RAAX broke above its upper Bollinger Band on November 07, 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.

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RAAX advanced for three days, in of 366 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 263 cases where RAAX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .