RAFE Stock PIMCO RAFI ESG US ETF (RAFE, $38.2) price may drop as it broke higher Bollinger Band on Nov 25, 2024

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RAFE - PIMCO RAFI ESG US ETF

Bollinger signal

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Odds of DOWN Trend

Price: $38.2

Daily change: +$0.38 (+1%)

Daily volume: 496

Net Assets: $79.4M

RAFE in -0.51% downward trend, falling for three consecutive days on December 17, 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 276 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on RAFE as a result. In of 70 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for RAFE turned negative on December 09, 2024. 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 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .

RAFE moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend.

RAFE broke above its upper Bollinger Band on November 25, 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 shows that the ticker has stayed in the oversold zone for 5 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 RAFE advanced for three days, in of 326 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 377 cases where RAFE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .