VCLN Stock Tickeron detected bearish ETF Pattern: Pennant VCLN on November 05, 2024, netting in a 6.17% gain over 1 week

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+6.17% Gain from a Successful pattern Pennant

VCLN - Virtus Duff & Phelps Clean Energy ETF

Ticker: VCLN

Company: Virtus Duff & Phelps Clean Energy ETF

Gain from shortening: +6.17%

Confirmed: 11/05/24

Succeeded: 11/13/24

Total length: 12 days

On November 01, 2024, A.I.dvisor detected a Pennant Pattern (Bearish) for Virtus Duff & Phelps Clean Energy ETF (VCLN, $18.25). 4 days later, on November 05, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On November 13, 2024, the stock hit the target price of $17.15 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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