XOMO Stock Tickeron detected bullish ETF Pattern: Wedge Falling XOMO on February 03, 2025, netting in a 5.50% gain over 1 month

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XOMO - YieldMax XOM Option Income Strategy ETF

Ticker: XOMO

Company: YieldMax XOM Option Income Strategy ETF

Gain: +5.5%

Confirmed: 02/03/25

Succeeded: 03/18/25

Total length: 43 days

XOMO in upward trend: price rose above 50-day moving average on March 14, 2025

XOMO moved above its 50-day moving average on March 14, 2025 date and that indicates a change from a downward trend to an upward trend. In of 13 similar past instances, the stock price increased further within 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 March 17, 2025. You may want to consider a long position or call options on XOMO as a result. In of 25 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 XOMO just turned positive on March 14, 2025. Looking at past instances where XOMO's MACD turned positive, the stock continued to rise in of 12 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for XOMO crossed bullishly above the 50-day moving average on March 17, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 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 XOMO advanced for three days, in of 115 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 80 cases where XOMO 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 13 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 XOMO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

XOMO broke above its upper Bollinger Band on March 17, 2025. 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.