SARK Stock Tradr 2X Short Innovation Daily ETF (SARK, $37.68) entered Downtrend as Momentum indicator drops below 0 level on Jan 03, 2025

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SARK - Tradr 2X Short Innovation Daily ETF

Momentum signal

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Odds of DOWN Trend

Price: $37.68

Daily change: -$4.18 (-9.99%)

Daily volume: 277.5K

Net Assets: $49.1M

Momentum Indicator for SARK turns negative, indicating new downward trend

SARK saw its Momentum Indicator move below the 0 level on January 15, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 57 similar instances where the indicator turned negative. In of the 57 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for SARK turned negative on January 22, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 35 similar instances when the indicator turned negative. In of the 35 cases the stock turned lower in the days that followed. This puts the odds of success at .

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 .

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SARK advanced for three days, in of 216 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 129 cases where SARK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .