SARK in +15.42% Uptrend, growing for three consecutive days on December 19, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where SARK advanced for three days, in of 214 cases, the price rose further within 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 SARK's RSI Indicator exited the oversold zone, of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SARK just turned positive on December 10, 2024. Looking at past instances where SARK's MACD turned positive, the stock continued to rise in of 33 cases over the following month. The odds of a continued upward trend are .
SARK 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 may be shifting from an upward trend to a downward trend. In of 41 cases where SARK's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on December 24, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SARK as a result. In of 56 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 SARK 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 SARK entered a downward trend on December 24, 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.
General Information
Category Trading
SARK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SARK has been closely correlated with TZA. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if SARK jumps, then TZA could also see price increases.
| Ticker / NAME | Correlation To SARK | 1D Price Change % | ||
|---|---|---|---|---|
| SARK | 100% | -6.09% | ||
| TZA - SARK | 78% Closely correlated | -2.80% | ||
| SH - SARK | 74% Closely correlated | -1.06% | ||
| SQQQ - SARK | 70% Closely correlated | -3.95% | ||
| CARD - SARK | 70% Closely correlated | -5.67% | ||
| SDS - SARK | 70% Closely correlated | -2.10% | ||
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