CNBS Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top CNBS on January 26, 2026, netting in a 8.82% gain over 6 days

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CNBS - Amplify Seymour Cannabis ETF

Ticker: CNBS

Company: Amplify Seymour Cannabis ETF

Gain from shorting: +8.82%

Confirmed: 01/26/26

Succeeded: 01/28/26

Total length: 6 days

On January 22, 2026, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Amplify Seymour Cannabis ETF (CNBS, $28.33). 4 days later, on January 26, 2026, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On January 28, 2026, the stock hit the target price of $24.64 – resulting in a gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for CNBS turns negative, indicating new downward trend

CNBS saw its Momentum Indicator move below the 0 level on January 26, 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 69 similar instances where the indicator turned negative. In of the 69 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for CNBS turned negative on December 29, 2025. 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 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

CNBS moved below its 50-day moving average on January 28, 2026 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CNBS 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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CNBS advanced for three days, in of 226 cases, the price rose further within the following month. The odds of a continued upward trend are .

CNBS 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 121 cases where CNBS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .