RAFE Stock PIMCO RAFI ESG US ETF (RAFE, $37.73) price may drop as it broke higher Bollinger Band on Nov 07, 2024

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RAFE - PIMCO RAFI ESG US ETF

Bollinger signal

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Odds of DOWN Trend

Price: $37.73

Daily change: +$0.2 (+0.53%)

Daily volume: 3.8K

RAFE in -1.34% downward trend, sliding for three consecutive days on October 31, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where RAFE declined for three days, in of 270 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

RAFE 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 Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on RAFE as a result. In of 67 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 RAFE just turned positive on November 07, 2024. Looking at past instances where RAFE's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

RAFE moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RAFE advanced for three days, in of 325 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 370 cases where RAFE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .