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RAYD Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top RAYD on April 02, 2025, netting in a 9.95% gain over 3 weeks

A.I.dvisor
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+9.95% Gain from a Successful pattern Head-and-Shoulders Top
RAYD - Rayliant Quantitative Dev Mkt Eq ETF
Tickeron
Ticker: RAYD
Company: Rayliant Quantitative Dev Mkt Eq ETF
Gain from shorting: +9.95%
Confirmed: 04/02/25
Succeeded: 04/07/25
Total length: 24 days
On March 14, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Rayliant Quantitative Dev Mkt Eq ETF (RAYD, $32.42). 19 days later, on April 02, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 07, 2025, the stock hit the target price of $28.89 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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