DASH.X in upward trend: price rose above 50-day moving average on May 30, 2024

DASH.X moved above its 50-day moving average on May 30, 2024 date and that indicates a change from a downward trend to an upward trend. In 29 of 51 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 57%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The 10-day moving average for DASH.X crossed bullishly above the 50-day moving average on May 27, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 12 of 22 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 55%.

Following a +1.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where DASH.X advanced for three days, in 221 of 458 cases, the price rose further within the following month. The odds of a continued upward trend are 48%.

The Aroon Indicator entered an Uptrend today. In 121 of 238 cases where DASH.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 51%.

$DASH

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