Momentum Indicator for DASH.X turns positive, indicating new upward trend
DASH.X saw its Momentum Indicator move above the 0 level on February 10, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 133 similar instances where the indicator turned positive. In 70 of the 133 cases, the stock moved higher in the following days. The odds of a move higher are at 53%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for DASH.X just turned positive on January 27, 2024. Looking at past instances where DASH.X's MACD turned positive, the stock continued to rise in 22 of 59 cases over the following month. The odds of a continued upward trend are 37%.
Following a +2.77% 3-day Advance, the price is estimated to grow further. Considering data from situations where DASH.X advanced for three days, in 231 of 464 cases, the price rose further within the following month. The odds of a continued upward trend are 50%.
Bearish Trend Analysis
