TACK in -0.65% downward trend, sliding for three consecutive days on December 17, 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 TACK declined for three days, in of 140 cases, the price declined further within 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 December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on TACK as a result. In of 46 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 TACK turned negative on December 06, 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 25 similar instances when the indicator turned negative. In of the 25 cases the stock turned lower in the days that followed. This puts the odds of success at .
TACK moved below its 50-day moving average on December 13, 2024 date and that indicates a change from an upward trend to a downward trend.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for TACK's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TACK advanced for three days, in of 174 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| PGKAX | 29.12 | N/A | N/A |
| PGIM Jennison Technology A | |||
| TRPBX | 25.50 | -0.09 | -0.35% |
| T. Rowe Price Spectrum Moderate Allc Inv | |||
| CHDVX | 14.78 | -0.07 | -0.47% |
| Cullen High Dividend Equity I | |||
| HAITX | 55.43 | -0.27 | -0.48% |
| Hartford Core Equity R6 | |||
| SCUIX | 32.35 | -0.42 | -1.28% |
| Hartford Schroders US Small Cap Opps I | |||
TACK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TACK has been closely correlated with BSR. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if TACK jumps, then BSR could also see price increases.
| Ticker / NAME | Correlation To TACK | 1D Price Change % | ||
|---|---|---|---|---|
| TACK | 100% | -0.47% | ||
| BSR - TACK | 89% Closely correlated | N/A | ||
| MOOD - TACK | 84% Closely correlated | -0.45% | ||
| CEFS - TACK | 69% Closely correlated | -0.70% | ||
| TDSC - TACK | 68% Closely correlated | -0.43% | ||
| YYY - TACK | 64% Loosely correlated | -0.91% | ||
More | ||||