TAIL in downward trend: price dove below 50-day moving average on December 19, 2024
TAIL moved below its 50-day moving average on December 19, 2024 date and that indicates a change from an upward trend to a downward trend. In of 47 similar past instances, the stock price decreased 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 20, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on TAIL as a result. In of 99 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 50-day moving average for TAIL moved below the 200-day moving average on November 15, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TAIL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TAIL broke above its upper Bollinger Band on December 18, 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 TAIL entered a downward trend on November 15, 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where TAIL'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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 83 cases where TAIL's Stochastic Oscillator exited the oversold zone 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 TAIL just turned positive on November 20, 2024. Looking at past instances where TAIL's MACD turned positive, the stock continued to rise in of 58 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 TAIL advanced for three days, in of 211 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category Trading
TAIL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TAIL has been loosely correlated with SH. These tickers have moved in lockstep 48% of the time. This A.I.-generated data suggests there is some statistical probability that if TAIL jumps, then SH could also see price increases.
| Ticker / NAME | Correlation To TAIL | 1D Price Change % | ||
|---|---|---|---|---|
| TAIL | 100% | -0.66% | ||
| SH - TAIL | 48% Loosely correlated | -1.11% | ||
| SQQQ - TAIL | 47% Loosely correlated | -2.54% | ||
| NVDD - TAIL | 45% Loosely correlated | -3.27% | ||
| SPXS - TAIL | 42% Loosely correlated | -3.30% | ||
| JETD - TAIL | 37% Loosely correlated | -3.06% | ||
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