ERNZ TrueShares Active Yield ETF Forecast, Technical & Fundamental Analysis
The investment seeks to deliver a meaningfully higher yield compared to the S&P 500® Index, with a secondary focus on capital preservation and the opportunity for long-term growth of capital... Show more
ERNZ's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for ERNZ turned positive on June 10, 2025. Looking at past instances where ERNZ's MACD turned positive, the stock continued to rise in of 9 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 06, 2025. You may want to consider a long position or call options on ERNZ as a result. In of 22 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
ERNZ moved above its 50-day moving average on June 03, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ERNZ crossed bullishly above the 50-day moving average on May 16, 2025. 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 ERNZ advanced for three days, in of 71 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 34 cases where ERNZ 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 has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ERNZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ERNZ broke above its upper Bollinger Band on May 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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