ZIVB Stock Tickeron detected bearish ETF Pattern: Three Falling Peaks ZIVB on September 03, 2024, netting in a 9.17% gain over 5 days

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ZIVB - -1x Short VIX Mid-Term Futures Stgy ETF

Ticker: ZIVB

Company: -1x Short VIX Mid-Term Futures Stgy ETF

Gain from shortening: +9.17%

Confirmed: 09/03/24

Succeeded: 09/04/24

Total length: 5 days

Momentum Indicator for ZIVB turns positive, indicating new upward trend

ZIVB saw its Momentum Indicator move above the 0 level on November 06, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 16 similar instances where the indicator turned positive. In of the 16 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for ZIVB just turned positive on November 06, 2024. Looking at past instances where ZIVB's MACD turned positive, the stock continued to rise in of 13 cases over the following month. The odds of a continued upward trend are .

ZIVB moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ZIVB crossed bullishly above the 50-day moving average on November 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 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 ZIVB advanced for three days, in of 124 cases, the price rose further within the following month. The odds of a continued upward trend are .

ZIVB 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 108 cases where ZIVB 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 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 ZIVB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .