WEIX Stock Dynamic Short Short-Term Volatil Fut ETF (WEIX, $27.03) Aroon Indicator entered an Uptrend on November 11, 2024.

GET DAILY SIGNALS

Get AI intraday signals

WEIX - Dynamic Short Short-Term Volatil Fut ETF

Aroon signal

View

Odds of UP Trend

Price: $27.03

Daily change: +$0.06 (+0.22%)

Daily volume: 5.3K

Net Assets: $5.4M

WEIX's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for WEIX turned positive on November 06, 2024. Looking at past instances where WEIX's MACD turned positive, the stock continued to rise in of 23 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 06, 2024. You may want to consider a long position or call options on WEIX as a result. In of 39 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

WEIX moved above its 50-day moving average on November 06, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for WEIX crossed bullishly above the 50-day moving average on November 08, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 WEIX advanced for three days, in of 255 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 223 cases where WEIX 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 2 days. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 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 WEIX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

WEIX 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.