DASH.X in upward trend: 10-day moving average moved above 50-day moving average on August 18, 2024

The 10-day moving average for DASH.X crossed bullishly above the 50-day moving average on August 18, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 16 of 23 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 70%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where DASH.X's RSI Oscillator exited the oversold zone, 26 of 49 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 53%.

The Momentum Indicator moved above the 0 level on August 12, 2024. You may want to consider a long position or call options on DASH.X as a result. In 68 of 137 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 August 12, 2024. Looking at past instances where DASH.X's MACD turned positive, the stock continued to rise in 24 of 60 cases over the following month. The odds of a continued upward trend are 40%.

DASH.X moved above its 50-day moving average on August 12, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +1.06% 3-day Advance, the price is estimated to grow further. Considering data from situations where DASH.X advanced for three days, in 223 of 463 cases, the price rose further within the following month. The odds of a continued upward trend are 48%.

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

$DASH
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