Aroon Indicator for DIA.X shows an upward move is likely

DIA.X's Aroon Indicator triggered a bullish signal on February 24, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 206 similar instances where the Aroon Indicator showed a similar pattern. In 161 of the 206 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 78%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on March 01, 2024. You may want to consider a long position or call options on DIA.X as a result. In 87 of 114 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.

DIA.X moved above its 50-day moving average on February 01, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +7.32% 3-day Advance, the price is estimated to grow further. Considering data from situations where DIA.X advanced for three days, in 240 of 312 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.

$DIA
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