DIA.X in upward trend: price rose above 50-day moving average on May 24, 2024

DIA.X moved above its 50-day moving average on May 24, 2024 date and that indicates a change from a downward trend to an upward trend. In 43 of 53 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 81%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where DIA.X's RSI Oscillator exited the oversold zone, 15 of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 65%.

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 57 of 74 cases where DIA.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 77%.

The Momentum Indicator moved above the 0 level on June 05, 2024. You may want to consider a long position or call options on DIA.X as a result. In 94 of 122 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 77%.

The Moving Average Convergence Divergence (MACD) for DIA.X just turned positive on May 16, 2024. Looking at past instances where DIA.X's MACD turned positive, the stock continued to rise in 34 of 47 cases over the following month. The odds of a continued upward trend are 72%.

The 10-day moving average for DIA.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 11 of 16 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 69%.


$DIA

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