TACK Stock Fairlead Tactical Sector (TACK, $29.03) RSI Indicator left the overbought zone on December 02, 2024

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TACK - Fairlead Tactical Sector

RSI signal

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Odds of DOWN Trend

Price: $29.03

Daily change: -$0.05 (-0.17%)

Daily volume: 29.1K

Net Assets: $226.1M

TACK in -0.65% downward trend, falling 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 .