SMHB Stock ETRACS 2xMnthly Py Lvrgd US SmCpHiDivETN (SMHB, $5.68) Stochastic Oscillator left the overbought zone on November 13, 2024

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SMHB - ETRACS 2xMnthly Py Lvrgd US SmCpHiDivETN

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Odds of DOWN Trend

Price: $5.68

Daily change: -$0.04 (-0.7%)

Daily volume: 78.6K

Net Assets: $33.9M

SMHB saw its Stochastic Oscillator recovers from the overbought zone

The Stochastic Oscillator for SMHB moved out of overbought territory on November 13, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 63 similar instances where the indicator exited the overbought zone. In of the 63 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 11, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SMHB as a result. In of 89 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 SMHB turned negative on November 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 37 similar instances when the indicator turned negative. In of the 37 cases the stock turned lower in the days that followed. This puts the odds of success at .

SMHB moved below its 50-day moving average on October 25, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for SMHB crossed bearishly below the 50-day moving average on October 31, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 SMHB 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 SMHB entered a downward trend on November 05, 2024. 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

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SMHB advanced for three days, in of 288 cases, the price rose further within the following month. The odds of a continued upward trend are .

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