BGM Stock Qilian International Holding Group (BGM, $2.94) entered Downtrend as Momentum indicator drops below 0 level on Feb 02, 2026
at Tickeron.com
This indicator may be signaling that BGM's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 115 similar cases where BGM's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
Momentum Indicator for BGM turns negative, indicating new downward trend
BGM saw its Momentum Indicator move below the 0 level on February 02, 2026. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 114 similar instances where the indicator turned negative. In of the 114 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BGM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for BGM entered a downward trend on January 14, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Moving Average Convergence Divergence (MACD) for BGM just turned positive on January 06, 2026. Looking at past instances where BGM's MACD turned positive, the stock continued to rise in of 51 cases 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 BGM advanced for three days, in of 171 cases, the price rose further within the following month. The odds of a continued upward trend are .
BGM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Advertisement