TOLL Stock Tickeron detected bullish ETF Pattern: Triple Bottoms TOLL on August 14, 2024, netting in a 7.07% gain over 3 weeks

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TOLL - Tema Monopolies and Oligopolies ETF

Ticker: TOLL

Company: Tema Monopolies and Oligopolies ETF

Gain: +7.07%

Confirmed: 08/14/24

Succeeded: 08/29/24

Total length: 24 days

TOLL in +0.88% Uptrend, rising for three consecutive days on November 11, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where TOLL advanced for three days, in of 108 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where TOLL's RSI Indicator exited the oversold zone, of 6 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 06, 2024. You may want to consider a long position or call options on TOLL as a result. In of 19 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 TOLL just turned positive on November 07, 2024. Looking at past instances where TOLL's MACD turned positive, the stock continued to rise in of 14 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 18 cases where TOLL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

TOLL moved below its 50-day moving average on November 15, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for TOLL crossed bearishly below the 50-day moving average on October 28, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 3 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 TOLL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

TOLL broke above its upper Bollinger Band on November 08, 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 TOLL entered a downward trend on November 11, 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.