RZV Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse RZV on January 07, 2025, netting in a 2.10% gain over 1 month

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RZV - Invesco S&P SmallCap 600® Pure Value ETF

Ticker: RZV

Company: Invesco S&P SmallCap 600® Pure Value ETF

Gain from shortening: +2.1%

Confirmed: 01/07/25

Succeeded: 02/19/25

Total length: 44 days

RZV sees MACD Histogram crosses below signal line

RZV saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on February 03, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 47 instances where the indicator turned negative. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RZV as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

RZV moved below its 50-day moving average on January 31, 2025 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 RZV 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 RZV 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.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for RZV's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RZV advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .

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