VMBS Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse VMBS on January 23, 2024, netting in a 1.27% gain over 3 weeks

GET DAILY SIGNALS

Get AI intraday signals

VMBS - Vanguard Mortgage-Backed Secs ETF

Ticker: VMBS

Company: Vanguard Mortgage-Backed Secs ETF

Gain from shortening: +1.27%

Confirmed: 01/23/24

Succeeded: 02/13/24

Total length: 22 days

VMBS's Indicator enters downward trend

The Aroon Indicator for VMBS entered a downward trend on November 15, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 186 similar instances where the Aroon Indicator formed such a pattern. In of the 186 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 58 cases where VMBS's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The 10-day moving average for VMBS crossed bearishly below the 50-day moving average on October 11, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 VMBS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where VMBS's RSI Oscillator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 15, 2024. You may want to consider a long position or call options on VMBS as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for VMBS just turned positive on November 07, 2024. Looking at past instances where VMBS's MACD turned positive, the stock continued to rise in of 50 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 VMBS advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .

VMBS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.