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REIT Stock ALPS Active REIT ETF (REIT, $29.31) RSI Indicator left the overbought zone on September 24, 2024

A.I.dvisor
at Tickeron.com
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REIT - ALPS Active REIT ETF
RSI signal
Bearish Trend
Odds of DOWN Trend
Tickeron
RSI signal
Price: $29.31
Daily change: -$0.03 (-0.1%)
Daily volume: 31.5K
Net Assets: $37.3M
This is a signal that REIT's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 25 similar cases where REIT's RSI Indicator left the overbought zone, and in of them led to a successful outcome. Odds of Success:

REIT in downward trend: 10-day moving average crossed below 50-day moving average on November 04, 2024

The 10-day moving average for REIT crossed bearishly below the 50-day moving average on November 04, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for REIT turned negative on November 14, 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 31 similar instances when the indicator turned negative. In of the 31 cases the stock turned lower in the days that followed. This puts the odds of success at .

REIT moved below its 50-day moving average on November 12, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where REIT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for REIT entered a downward trend on November 05, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 40 cases where REIT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 14, 2024. You may want to consider a long position or call options on REIT as a result. In of 57 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where REIT advanced for three days, in of 241 cases, the price rose further within the following month. The odds of a continued upward trend are .

REIT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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REIT
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Category RealEstate

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Real Estate
Address
ALPS ETFPO Box 328Denver
Phone
855.724.0450
Web
www.alpsfunds.com