SEA Stock Tickeron detected bearish ETF Pattern: Three Falling Peaks SEA on December 10, 2024, netting in a 3.20% gain over 2 weeks

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SEA - US Global Sea to Sky Cargo ETF

Ticker: SEA

Company: US Global Sea to Sky Cargo ETF

Gain from shortening: +3.2%

Confirmed: 12/10/24

Succeeded: 12/23/24

Total length: 14 days

SEA's Indicator enters downward trend

The Aroon Indicator for SEA entered a downward trend on January 02, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 93 similar instances where the Aroon Indicator formed such a pattern. In of the 93 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 34 cases where SEA's Stochastic Oscillator exited the overbought zone, the price fell further within 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 .

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 19 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 December 27, 2024. You may want to consider a long position or call options on SEA as a result. In of 56 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for SEA just turned positive on December 24, 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 186 cases, the price rose further within the following month. The odds of a continued upward trend are .