CGDV's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for CGDV turned positive on January 07, 2025. Looking at past instances where CGDV's MACD turned positive, the stock continued to rise in of 29 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CGDV advanced for three days, in of 186 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CGDV as a result. In of 46 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CGDV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CGDV entered a downward trend on January 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category LargeValue
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| ROMO | 32.69 | 0.13 | +0.39% |
| Strategy Shares Nwfnd/RSlv Rbt Mmt ETF | |||
| VNLA | 49.00 | 0.02 | +0.04% |
| Janus Henderson Short Duration Inc ETF | |||
| ADIV | 15.52 | N/A | N/A |
| SmartETFs Asia Pcfc Dvdnd Bldr ETF | |||
| GHYB | 45.05 | -0.01 | -0.03% |
| Goldman Sachs Access Hi Yld Corp Bd ETF | |||
| VBND | 42.99 | -0.03 | -0.08% |
| Vident U.S. Bond Strategy ETF | |||
CGDV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CGDV has been closely correlated with VTV. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if CGDV jumps, then VTV could also see price increases.
| Ticker / NAME | Correlation To CGDV | 1D Price Change % | ||
|---|---|---|---|---|
| CGDV | 100% | +1.02% | ||
| VTV - CGDV | 89% Closely correlated | +0.76% | ||
| IWD - CGDV | 88% Closely correlated | +0.67% | ||
| DIA - CGDV | 87% Closely correlated | +0.93% | ||
| IVE - CGDV | 87% Closely correlated | +0.57% | ||
| CAMX - CGDV | 87% Closely correlated | N/A | ||
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