USDU Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Descending on March 05, 2025
at Tickeron.com
USDU's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for USDU turned positive on March 21, 2025. Looking at past instances where USDU's MACD turned positive, the stock continued to rise in of 46 cases over 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 March 20, 2025. You may want to consider a long position or call options on USDU as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 USDU advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .
USDU 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 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
USDU moved below its 50-day moving average on March 03, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where USDU 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 USDU entered a downward trend on March 17, 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.
General Information
Category Trading