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CGDV Stock Tickeron detected bearish ETF Pattern: Triangle Symmetrical Bottom CGDV on April 03, 2025, netting in a 11.16% gain over 3 months

A.I.dvisor
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+11.16% Gain from a Successful pattern Triangle Symmetrical Bottom
CGDV - Capital Group Dividend Value ETF
Tickeron
Ticker: CGDV
Company: Capital Group Dividend Value ETF
Gain from shorting: +11.16%
Confirmed: 04/03/25
Succeeded: 04/07/25
Total length: 119 days
On December 09, 2024, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bearish) for Capital Group Dividend Value ETF (CGDV, $36.23). 115 days later, on April 03, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 07, 2025, the stock hit the target price of $31.66 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

CGDV in downward trend: price dove below 50-day moving average on March 26, 2025

CGDV moved below its 50-day moving average on March 26, 2025 date and that indicates a change from an upward trend to a downward trend. In of 13 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

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 April 09, 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.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CGDV's RSI Indicator exited the oversold zone, of 15 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 28 cases where CGDV's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on CGDV as a result. In of 48 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CGDV just turned positive on April 23, 2025. Looking at past instances where CGDV's MACD turned positive, the stock continued to rise in of 31 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CGDV advanced for three days, in of 200 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

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CGDV
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General Information

Category LargeValue

Profile
Fundamentals
Details
Category
Large Value
Address
Capital Group International Focus Equity ETF6455 IRVINE CENTER DRIVE IRVINE CA 92618
Phone
(213) 486-9200
Web
N/A