UDN Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Descending UDN on May 22, 2025, netting in a 1.10% gain over 2 weeks

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UDN - Invesco DB US Dollar Bearish

Ticker: UDN

Company: Invesco DB US Dollar Bearish

Gain: +1.1%

Confirmed: 05/22/25

Succeeded: 05/22/25

Total length: 14 days

UDN in +0.54% Uptrend, rising for three consecutive days on June 05, 2025

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 UDN advanced for three days, in of 262 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 21, 2025. You may want to consider a long position or call options on UDN as a result. In of 88 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 UDN just turned positive on May 23, 2025. Looking at past instances where UDN's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

UDN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where UDN 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 UDN entered a downward trend on May 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.