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RSHO Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top RSHO on February 20, 2025, netting in a 14.25% gain over 2 months

A.I.dvisor
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+14.25% Gain from a Successful pattern Head-and-Shoulders Top
RSHO - Tema American Reshoring ETF
Tickeron
Ticker: RSHO
Company: Tema American Reshoring ETF
Gain from shorting: +14.25%
Confirmed: 02/20/25
Succeeded: 04/03/25
Total length: 78 days
On January 15, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Tema American Reshoring ETF (RSHO, $38.24). 36 days later, on February 20, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 03, 2025, the stock hit the target price of $32.60 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

RSHO sees MACD Histogram crosses below signal line

RSHO saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 03, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 14 instances where the indicator turned negative. In of the 14 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RSHO as a result. In of 31 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RSHO 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 RSHO entered a downward trend on April 07, 2025. 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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where RSHO's RSI Oscillator exited the oversold zone, of 10 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 20 cases where RSHO'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RSHO advanced for three days, in of 125 cases, the price rose further within the following month. The odds of a continued upward trend are .

RSHO 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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RSHO
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General Information

Category Industrials

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Industrials
Address
United Satets
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Web
www.tema.co