DOGE.X's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for DOGE.X turned positive on July 12, 2024. Looking at past instances where DOGE.X's MACD turned positive, the stock continued to rise in 32 of 50 cases over the following month. The odds of a continued upward trend are 64%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where DOGE.X's RSI Indicator exited the oversold zone, 25 of 46 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 July 14, 2024. You may want to consider a long position or call options on DOGE.X as a result. In 90 of 153 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 59%.

Following a +11.46% 3-day Advance, the price is estimated to grow further. Considering data from situations where DOGE.X advanced for three days, in 223 of 389 cases, the price rose further within the following month. The odds of a continued upward trend are 57%.

DOGE.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

$DOGE
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