MLPA Stock Tickeron detected bullish ETF Pattern: Triple Bottoms MLPA on January 08, 2026, netting in a 3.33% gain over 6 days

GET DAILY SIGNALS

Get AI intraday signals

MLPA - Global X MLP ETF

Ticker: MLPA

Company: Global X MLP ETF

Gain: +3.33%

Confirmed: 01/08/26

Succeeded: 01/12/26

Total length: 6 days

On January 06, 2026, A.I.dvisor detected a Triple Bottoms Pattern (Bullish) for Global X MLP ETF (MLPA, $48.08). On January 08, 2026, A.I.dvisor confirmed the Bullish pattern, setting a target price of $50.29. 4 days later, on January 12, 2026, MLPA reached the target price resulting in a for traders who took a long position in the stock.

MLPA's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for MLPA turned positive on January 08, 2026. Looking at past instances where MLPA's MACD turned positive, the stock continued to rise in of 52 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 January 08, 2026. You may want to consider a long position or call options on MLPA as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

MLPA moved above its 50-day moving average on January 08, 2026 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for MLPA crossed bullishly above the 50-day moving average on January 05, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 21 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 MLPA advanced for three days, in of 382 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 343 cases where MLPA 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 RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

MLPA broke above its upper Bollinger Band on January 08, 2026. 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.