SEA Stock US Global Sea to Sky Cargo ETF (SEA, $18.03) RSI Indicator left the overbought zone on October 04, 2024

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SEA - US Global Sea to Sky Cargo ETF

RSI signal

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Odds of DOWN Trend

Price: $18.03

Daily change: -$0.33 (-1.8%)

Daily volume: 2K

Net Assets: $7.3M

SEA's Stochastic Oscillator soars into overbought zone

The Stochastic Oscillator for SEA moved into overbought territory on November 21, 2024. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SEA as a result. In of 57 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

SEA moved below its 50-day moving average on October 21, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for SEA crossed bearishly below the 50-day moving average on October 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 SEA 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 SEA entered a downward trend on November 21, 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.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SEA's RSI Oscillator 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 SEA just turned positive on November 18, 2024. Looking at past instances where SEA's MACD turned positive, the stock continued to rise in of 22 cases over the following month. 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 SEA advanced for three days, in of 190 cases, the price rose further within the following month. The odds of a continued upward trend are .

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