TVC Stock Tennessee Valley Authority Power Bonds 1998 Series D due June 1 2028 (TVC, $22.84) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 6, 2024
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TVC in downward trend: price dove below 50-day moving average on October 21, 2024
TVC moved below its 50-day moving average on October 21, 2024 date and that indicates a change from an upward trend to a downward trend. In of 66 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 65 cases where TVC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 10-day moving average for TVC crossed bearishly below the 50-day moving average on October 11, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 21 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 TVC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TVC entered a downward trend on November 01, 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 Momentum Indicator moved above the 0 level on November 14, 2024. You may want to consider a long position or call options on TVC as a result. In of 110 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 TVC just turned positive on November 07, 2024. Looking at past instances where TVC's MACD turned positive, the stock continued to rise in of 49 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 TVC advanced for three days, in of 242 cases, the price rose further within the following month. The odds of a continued upward trend are .
TVC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
