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WGMI Stock Valkyrie Bitcoin Miners ETF (WGMI, $16.94) Aroon Indicator entered a Downtrend on August 14, 2024.

A.I.dvisor
at Tickeron.com
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WGMI - Valkyrie Bitcoin Miners ETF
Aroon signal
Bearish Trend
Odds of DOWN Trend
Tickeron
Aroon signal
Price: $16.94
Daily change: -$0.32 (-1.85%)
Daily volume: 210.4K
Net Assets: $106.2M
For the last three days, A.I.dvisor has detected that WGMI's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for WGMI, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 131 similar cases, of which were successful. Based on this data, the odds of success are

WGMI's RSI Indicator recovers from overbought zone

The 10-day RSI Oscillator for WGMI moved out of overbought territory on November 13, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 17 instances where the indicator moved out of the overbought zone. In of the 17 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

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 WGMI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

WGMI broke above its upper Bollinger Band on December 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 27, 2024. You may want to consider a long position or call options on WGMI as a result. In of 45 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 WGMI just turned positive on December 04, 2024. Looking at past instances where WGMI's MACD turned positive, the stock continued to rise in of 26 cases over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where WGMI advanced for three days, in of 145 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 143 cases where WGMI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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WGMI
Daily Signalchanged days ago
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A.I. Advisor
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General Information

Category Digitalccurrency

Profile
Fundamentals
Details
Category
Digital Assets
Address
Valkyrie ETF Trust II100 CRESCENT COURT FLOOR 7 DALLAS TX 75201DALLAS
Phone
N/A
Web
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