SOYB Stock Teucrium Soybean ETF (SOYB, $21.73) Stochastic Oscillator left the overbought zone on November 12, 2024

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SOYB - Teucrium Soybean ETF

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Odds of DOWN Trend

Price: $21.73

Daily change: -$0.21 (-0.96%)

Daily volume: 43.3K

Net Assets: $28M

SOYB in downward trend: 10-day moving average broke below 50-day moving average on October 18, 2024

The 10-day moving average for SOYB crossed bearishly below the 50-day moving average on October 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 14, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SOYB as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

SOYB moved below its 50-day moving average on November 11, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SOYB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SOYB broke above its upper Bollinger Band on November 07, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for SOYB entered a downward trend on November 07, 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

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SOYB's RSI Indicator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for SOYB just turned positive on November 04, 2024. Looking at past instances where SOYB's MACD turned positive, the stock continued to rise in of 51 cases over the following month. 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 SOYB advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .