IXN Stock iShares Global Tech ETF (IXN, $84.63) entered Uptrend as Momentum indicator ascends above 0 level on Jan 28, 2025

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IXN - iShares Global Tech ETF

Momentum signal

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Odds of UP Trend

Price: $84.63

Daily change: +$2.44 (+2.97%)

Daily volume: 98.2K

Net Assets: $5.2B

Momentum Indicator for IXN turns positive, indicating new upward trend

IXN saw its Momentum Indicator move above the 0 level on February 10, 2025. 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 78 similar instances where the indicator turned positive. In of the 78 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 IXN just turned positive on February 10, 2025. Looking at past instances where IXN's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

IXN 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 IXN crossed bullishly above the 50-day moving average on February 18, 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 IXN advanced for three days, in of 357 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 5 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 IXN 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 IXN entered a downward trend on February 12, 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.