DASH.X in upward trend: price rose above 50-day moving average on July 13, 2024
DASH.X moved above its 50-day moving average on July 13, 2024 date and that indicates a change from a downward trend to an upward trend. In 29 of 56 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 52%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DASH.X's RSI Oscillator exited the oversold zone, 22 of 46 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 48%.
The Momentum Indicator moved above the 0 level on July 13, 2024. You may want to consider a long position or call options on DASH.X as a result. In 68 of 136 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 50%.
The Moving Average Convergence Divergence (MACD) for DASH.X just turned positive on July 08, 2024. Looking at past instances where DASH.X's MACD turned positive, the stock continued to rise in 25 of 60 cases over the following month. The odds of a continued upward trend are 42%.
Following a +10.19% 3-day Advance, the price is estimated to grow further. Considering data from situations where DASH.X advanced for three days, in 218 of 460 cases, the price rose further within the following month. The odds of a continued upward trend are 47%.
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