DOGE.X's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for DOGE.X turned positive on September 09, 2024. Looking at past instances where DOGE.X's MACD turned positive, the stock continued to rise in 31 of 49 cases over the following month. The odds of a continued upward trend are 63%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 50 of 93 cases where DOGE.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 54%.
The Momentum Indicator moved above the 0 level on September 09, 2024. You may want to consider a long position or call options on DOGE.X as a result. In 91 of 150 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 61%.
Following a +8.99% 3-day Advance, the price is estimated to grow further. Considering data from situations where DOGE.X advanced for three days, in 226 of 388 cases, the price rose further within the following month. The odds of a continued upward trend are 58%.
The Aroon Indicator entered an Uptrend today. In 131 of 257 cases where DOGE.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 51%.
$DOGE
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