SHDG in -0.30% downward trend, falling for three consecutive days on December 13, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where SHDG declined for three days, in of 94 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for SHDG moved out of overbought territory on December 10, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 31 cases where SHDG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for SHDG turned negative on December 12, 2024. 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 20 similar instances when the indicator turned negative. In of the 20 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SHDG advanced for three days, in of 141 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 235 cases where SHDG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Unknown
SHDG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SHDG has been closely correlated with PNOV. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if SHDG jumps, then PNOV could also see price increases.
| Ticker / NAME | Correlation To SHDG | 1D Price Change % | ||
|---|---|---|---|---|
| SHDG | 100% | -0.34% | ||
| PNOV - SHDG | 95% Closely correlated | -0.16% | ||
| FFEB - SHDG | 94% Closely correlated | -0.03% | ||
| PDEC - SHDG | 93% Closely correlated | -0.21% | ||
| POCT - SHDG | 92% Closely correlated | -0.15% | ||
| HELO - SHDG | 92% Closely correlated | +0.06% | ||
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