RWX Stock Tickeron detected bullish ETF Pattern: Cup-and-Handle RWX on January 22, 2025, netting in a 3.03% gain over 7 days

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RWX - SPDR® Dow Jones® International RelEstETF

Ticker: RWX

Company: SPDR® Dow Jones® International RelEstETF

Gain: +3.03%

Confirmed: 01/22/25

Succeeded: 01/29/25

Total length: 7 days

RWX's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for RWX turned positive on January 15, 2025. Looking at past instances where RWX's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where RWX's RSI Indicator exited the oversold zone, of 35 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 January 23, 2025. You may want to consider a long position or call options on RWX as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

RWX moved above its 50-day moving average on January 27, 2025 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 RWX advanced for three days, in of 303 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RWX 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 RWX entered a downward trend on January 23, 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.