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XSEP Stock Tickeron detected bearish ETF Pattern: Triple Tops on December 24, 2024

A.I.dvisor
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Triple Tops
XSEP - FT Vest U.S. Eq Enh & ModBufETF-Sep
Tickeron
Emerged: 12/24/24
Breakout: $38.89
Price: $39.03
Target price: $38.62
A.I.dvisor detected a bearish Triple Tops pattern for XSEP stock. This pattern was detected on December 24, 2024 . The odds of reaching the target price are 6. The Triple Tops pattern appears when there are three distinct minor Highs (1, 3, 5) at about the same price level. The security is testing the upper resistance level (horizontal line formed by (1, 3, 5). Consider selling the security short or buying a put option at a downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.

XSEP in -0.45% downward trend, falling for three consecutive days on December 31, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where XSEP declined for three days, in of 79 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 31 cases where XSEP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on December 27, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on XSEP as a result. In of 23 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for XSEP turned negative on December 12, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 19 similar instances when the indicator turned negative. In of the 19 cases the stock turned lower in the days that followed. This puts the odds of success at .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where XSEP's RSI Indicator exited the oversold zone, of 5 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

XSEP moved above its 50-day moving average on December 20, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XSEP advanced for three days, in of 180 cases, the price rose further within the following month. The odds of a continued upward trend are .

XSEP 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 279 cases where XSEP 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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