BEDZ Stock AdvisorShares Hotel ETF (BEDZ, $28.24) entered Downtrend as Momentum indicator drops below 0 level on May 15, 2024

A.I.dvisor
at Tickeron.com
05/16/24
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BEDZ - AdvisorShares Hotel ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $28.24
Daily change: -$0.03 (-0.11%)
Daily volume: 280
Net Assets: $3.4M
This indicator may be signaling that BEDZ's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 65 similar cases where BEDZ's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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BEDZDaily Signal changed days agoGain/Loss if shorted
 
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A.I. Advisor
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General Information

Category ConsumerDiscretionary

Profile
Fundamentals
Details
Category
Consumer Cyclical
Address
AdvisorShares Trust Suite 7003 Bethesda Metro CenterBethesda
Phone
(202) 684-6383
Web
www.advisorshares.com