IGPT Stock Invesco AI and Next Gen Software ETF (IGPT, $47.67) price moved above its 50-day Moving Average on January 30, 2025
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IGPT's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for IGPT turned positive on February 11, 2025. Looking at past instances where IGPT's MACD turned positive, the stock continued to rise in of 55 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 February 10, 2025. You may want to consider a long position or call options on IGPT as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
IGPT moved above its 50-day moving average on February 10, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for IGPT crossed bullishly above the 50-day moving average on January 23, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 IGPT advanced for three days, in of 344 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 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 IGPT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
IGPT broke above its upper Bollinger Band on February 14, 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.
The Aroon Indicator for IGPT entered a downward trend on January 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Technology