VFLO Stock Tickeron detected bullish ETF Pattern: Wedge Rising VFLO on October 02, 2024, netting in a 8.46% gain over 1 month

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VFLO - VictoryShares Free Cash Flow ETF

Ticker: VFLO

Company: VictoryShares Free Cash Flow ETF

Gain: +8.46%

Confirmed: 10/02/24

Succeeded: 11/11/24

Total length: 40 days

VFLO's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for VFLO turned positive on November 06, 2024. Looking at past instances where VFLO's MACD turned positive, the stock continued to rise in of 11 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 November 05, 2024. You may want to consider a long position or call options on VFLO as a result. In of 19 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

VFLO moved above its 50-day moving average on November 01, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VFLO advanced for three days, in of 94 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 104 cases where VFLO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where VFLO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

VFLO broke above its upper Bollinger Band on November 06, 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.