TAGS Stock Teucrium Agricultural ETF (TAGS, $25.98) price exceeded its 50-day Moving Average on November 11, 2024

GET DAILY SIGNALS

Get AI intraday signals

TAGS - Teucrium Agricultural ETF

Moving Avg. signal

View

Odds of DOWN Trend

Price: $25.98

Daily change: -$0.3 (-1.14%)

Daily volume: 1.7K

Net Assets: $10.8M

TAGS's Indicator enters downward trend

The Aroon Indicator for TAGS entered a downward trend on October 30, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 201 similar instances where the Aroon Indicator formed such a pattern. In of the 201 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

TAGS 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.

The 10-day moving average for TAGS crossed bearishly below the 50-day moving average on October 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 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 TAGS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where TAGS's RSI Oscillator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 07, 2024. You may want to consider a long position or call options on TAGS as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for TAGS just turned positive on November 07, 2024. Looking at past instances where TAGS's MACD turned positive, the stock continued to rise in of 47 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 TAGS advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .

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