SETM Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Descending SETM on February 24, 2025, netting in a 6.35% gain over 7 days

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SETM - Sprott Critical Materials ETF

Ticker: SETM

Company: Sprott Critical Materials ETF

Gain from shortening: +6.35%

Confirmed: 02/24/25

Succeeded: 03/03/25

Total length: 7 days

SETM in downward trend: price dove below 50-day moving average on March 26, 2025

SETM moved below its 50-day moving average on March 26, 2025 date and that indicates a change from an upward trend to a downward trend. In of 21 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SETM as a result. In of 33 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for SETM turned negative on March 28, 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 19 similar instances when the indicator turned negative. In of the 19 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 10-day moving average for SETM crossed bearishly below the 50-day moving average on March 31, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 6 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 SETM 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 SETM entered a downward trend on March 03, 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 points to a transition from a downward trend to an upward trend -- in cases where SETM's RSI Oscillator exited the oversold zone, of 11 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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 SETM advanced for three days, in of 115 cases, the price rose further within the following month. The odds of a continued upward trend are .

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