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.