CGDV Stock Capital Group Dividend Value ETF (CGDV, $36.85) RSI Indicator left the overbought zone on October 15, 2024

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CGDV - Capital Group Dividend Value ETF

RSI signal

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Odds of DOWN Trend

Price: $36.85

Daily change: -$0.27 (-0.73%)

Daily volume: 1.8M

Net Assets: $11.7B

CGDV sees MACD Histogram crosses below signal line

CGDV saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 21, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 25 instances where the indicator turned negative. In of the 25 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for CGDV moved out of overbought territory on October 15, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 similar instances where the indicator moved out of overbought territory. In of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

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 .

CGDV broke above its upper Bollinger Band on October 11, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on CGDV as a result. In of 44 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

CGDV moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CGDV advanced for three days, in of 177 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 224 cases where CGDV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .