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TIPZ Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending TIPZ on May 19, 2023, netting in a 2.60% gain over 1 month

A.I.dvisor
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+2.60% Gain from a Successful pattern Broadening Wedge Ascending
TIPZ - PIMCO Broad US TIPS ETF
Tickeron
Ticker: TIPZ
Company: PIMCO Broad US TIPS ETF
Gain from shortening: +2.6%
Confirmed: 05/19/23
Succeeded: 05/25/23
Total length: 49 days
On April 06, 2023, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for PIMCO Broad US TIPS ETF (TIPZ, $55.60). 43 days later, on May 19, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 25, 2023, the stock hit the target price of $54.28 – resulting in a gain for traders who shorted the stock on the pattern detection date.

TIPZ in downward trend: price dove below 50-day moving average on December 12, 2024

TIPZ moved below its 50-day moving average on December 12, 2024 date and that indicates a change from an upward trend to a downward trend. In of 33 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on TIPZ as a result. In of 91 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 TIPZ turned negative on December 13, 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 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

TIPZ broke above its upper Bollinger Band on November 29, 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.

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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.

The 10-day moving average for TIPZ crossed bullishly above the 50-day moving average on December 09, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 3-day Advance, the price is estimated to grow further. Considering data from situations where TIPZ advanced for three days, in of 317 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 301 cases where TIPZ 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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TIPZ
Daily Signalchanged days ago
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General Information

Category InflationProtectedBond

Profile
Fundamentals
Details
Category
Inflation-Protected Bond
Address
PIMCO ETF Trust840 Newport Center DriveNewport Beach
Phone
N/A
Web
www.pimcoetfs.com/fundinfo