ROSC Stock Hartford Multifactor Small Cap ETF (ROSC, $46.9) price may drop as it broke higher Bollinger Band on Nov 06, 2024

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ROSC - Hartford Multifactor Small Cap ETF

Bollinger signal

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Odds of DOWN Trend

Price: $46.9

Daily change: +$2.99 (+6.82%)

Daily volume: 1.8K

Net Assets: $31.8M

ROSC in downward trend: price expected to drop as it breaks its higher Bollinger Band on November 06, 2024

ROSC broke above its upper Bollinger Band on November 06, 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. The A.I.dvisor looked at 40 similar instances where the stock broke above the upper band. In of the 40 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

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

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 05, 2024. You may want to consider a long position or call options on ROSC as a result. In of 91 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 ROSC just turned positive on November 06, 2024. Looking at past instances where ROSC's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

ROSC 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 ROSC advanced for three days, in of 313 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 302 cases where ROSC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .