TARK Stock Tickeron detected bullish ETF Pattern: Triangle Symmetrical Bottom TARK on October 18, 2024, netting in a 23.31% gain over 3 weeks

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TARK - Tradr 2X Long Innovation ETF

Ticker: TARK

Company: Tradr 2X Long Innovation ETF

Gain: +23.31%

Confirmed: 10/18/24

Succeeded: 11/07/24

Total length: 21 days

Momentum Indicator for TARK turns positive, indicating new upward trend

TARK saw its Momentum Indicator move above the 0 level on November 05, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 51 similar instances where the indicator turned positive. In of the 51 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for TARK just turned positive on November 06, 2024. Looking at past instances where TARK's MACD turned positive, the stock continued to rise in of 24 cases over the following month. The odds of a continued upward trend are .

TARK moved above its 50-day moving average on November 01, 2024 date and that indicates a change from a downward trend to an upward trend.

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 152 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

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 November 06, 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 TARK entered a downward trend on October 25, 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.