SWAN Stock Amplify BlackSwan Gr & Trsry Cor ETF (SWAN, $30.21) price moved above its 50-day Moving Average on November 21, 2024
at Tickeron.com
SWAN in upward trend: price rose above 50-day moving average on November 21, 2024
SWAN moved above its 50-day moving average on November 21, 2024 date and that indicates a change from a downward trend to an upward trend. In of 37 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SWAN's RSI Oscillator exited the oversold zone, of 33 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SWAN just turned positive on November 21, 2024. Looking at past instances where SWAN's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for SWAN crossed bullishly above the 50-day moving average on November 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 SWAN advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .
SWAN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where SWAN's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on November 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SWAN as a result. In of 77 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 SWAN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
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