Sprott Gold Miners ETF (SGDM, $26.33) entered Downtrend as Momentum indicator drops below 0 level on May 02, 2024

A.I.dvisor
at Tickeron.com
05/03/24
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SGDM - Sprott Gold Miners ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $26.33
Daily change: -$0.11 (-0.42%)
Daily volume: 14K
Net Assets: $238M
This indicator may be signaling that SGDM'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 91 similar cases where SGDM's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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SGDMDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category PreciousMetals

Profile
Fundamentals
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Category
Equity Precious Metals
Address
ALPS ETFPO Box 328Denver
Phone
855.724.0450
Web
www.alpsfunds.com