VFLO Stock Tickeron detected bullish ETF Pattern: Triple Bottoms on June 14, 2024

GET DAILY SIGNALS

Get AI intraday signals

VFLO - VictoryShares Free Cash Flow ETF

Emerged: 06/14/24

Breakout: $31.41

Price: $31.09

Target price: $31.98

VFLO's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for VFLO turned positive on September 17, 2024. Looking at past instances where VFLO's MACD turned positive, the stock continued to rise in of 9 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 September 17, 2024. You may want to consider a long position or call options on VFLO as a result. In of 17 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 VFLO advanced for three days, in of 86 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 94 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 demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 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 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 October 04, 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.

Fundamental Analysis (Ratings)

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 1.00% within the next month with a likelihood of 86%.