XOMO Stock Tickeron detected bearish ETF Pattern: Broadening Bottom XOMO on December 04, 2024, netting in a 10.22% gain over 4 months

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XOMO - YieldMax XOM Option Income Strategy ETF

Ticker: XOMO

Company: YieldMax XOM Option Income Strategy ETF

Gain from shorting: +10.22%

Confirmed: 12/04/24

Succeeded: 04/07/25

Total length: 124 days

XOMO sees MACD Histogram just turned negative

XOMO saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 03, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 13 instances where the indicator turned negative. In of the 13 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

XOMO moved below its 50-day moving average on April 03, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for XOMO crossed bearishly below the 50-day moving average on April 09, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 5 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 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 .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where XOMO's RSI Indicator exited the oversold zone, of 9 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 April 22, 2025. You may want to consider a long position or call options on XOMO as a result. In of 28 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 XOMO advanced for three days, in of 120 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

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 .