SJB sees MACD Histogram just turned negative
SJB saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on January 06, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 42 instances where the indicator turned negative. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SJB as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 SJB 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 58 cases where SJB'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 .
General Information
Category Trading
SJB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SJB has been loosely correlated with PST. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if SJB jumps, then PST could also see price increases.