USMC Stock Principal US Mega-Cap ETF (USMC, $58.72) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 19, 2024

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USMC - Principal US Mega-Cap ETF

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Odds of DOWN Trend

Price: $58.72

Daily change: +$0.06 (+0.1%)

Daily volume: 91K

Net Assets: $2.6B

USMC's RSI Indicator recovers from overbought zone

The 10-day RSI Oscillator for USMC moved out of overbought territory on November 12, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 instances where the indicator moved out of the overbought zone. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 70 cases where USMC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on November 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on USMC as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 USMC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

USMC broke above its upper Bollinger Band on November 07, 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 Moving Average Convergence Divergence (MACD) for USMC just turned positive on November 20, 2024. Looking at past instances where USMC's MACD turned positive, the stock continued to rise in of 47 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 USMC advanced for three days, in of 347 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 450 cases where USMC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .