DIA.X in upward trend: price may ascend as a result of having broken its lower Bollinger Band on June 07, 2024

DIA.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 30 of 39 cases where DIA.X's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 77%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DIA.X's RSI Oscillator exited the oversold zone, 18 of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

Following a +3.51% 3-day Advance, the price is estimated to grow further. Considering data from situations where DIA.X advanced for three days, in 252 of 336 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.

$DIA

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