MENU

SFYX Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Descending SFYX on March 06, 2025, netting in a 11.96% gain over 1 month

A.I.dvisor
at Tickeron.com
Loading...
+11.96% Gain from a Successful pattern Broadening Wedge Descending
SFYX - SoFi Next 500 ETF
Tickeron
Ticker: SFYX
Company: SoFi Next 500 ETF
Gain from shorting: +11.96%
Confirmed: 03/06/25
Succeeded: 04/07/25
Total length: 32 days
On March 06, 2025, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bearish) for SoFi Next 500 ETF (SFYX, $13.80). On March 06, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 07, 2025, the stock hit the target price of $11.81 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

SFYX sees MACD Histogram just turned negative

SFYX saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 03, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SFYX as a result. In of 84 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 50-day moving average for SFYX moved below the 200-day moving average on April 08, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SFYX 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 SFYX entered a downward trend on April 07, 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 SFYX's RSI Oscillator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 59 cases where SFYX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 SFYX advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

View a ticker or compare two or three
SFYX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category MidCapBlend

Profile
Fundamentals
Details
Category
Mid-Cap Blend
Address
Tidal ETF Trust234 West Florida Street, Suite 203Milwaukee
Phone
844-986-7676
Web
N/A