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TARK Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending TARK on February 20, 2025, netting in a 2.85% gain over 7 days

A.I.dvisor
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+2.85% Gain from a Successful pattern Broadening Wedge Ascending
TARK - Tradr 2X Long Innovation ETF
Tickeron
Ticker: TARK
Company: Tradr 2X Long Innovation ETF
Gain from shortening: +2.85%
Confirmed: 02/20/25
Succeeded: 02/20/25
Total length: 7 days
On February 13, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Tradr 2X Long Innovation ETF (TARK, $55.43). 7 days later, on February 20, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 20, 2025, the stock hit the target price of $48.99 – resulting in a gain for traders who shorted the stock on the pattern detection date.

TARK's RSI Oscillator peaks and leaves overbought zone

The 10-day RSI Oscillator for TARK moved out of overbought territory on February 18, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 21 instances where the indicator moved out of the overbought zone. In of the 21 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 38 cases where TARK'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 February 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on TARK as a result. In of 56 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 TARK turned negative on February 21, 2025. 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 28 similar instances when the indicator turned negative. In of the 28 cases the stock turned lower in the days that followed. This puts the odds of success at .

TARK moved below its 50-day moving average on February 21, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TARK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

TARK broke above its upper Bollinger Band on February 13, 2025. 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.

Bullish Trend Analysis

The 10-day moving average for TARK crossed bullishly above the 50-day moving average on January 24, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where TARK advanced for three days, in of 171 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 119 cases where TARK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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