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DAPP Stock Tickeron detected bearish ETF Pattern: Three Falling Peaks DAPP on February 19, 2025, netting in a 2.84% gain over 7 days

A.I.dvisor
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+2.84% Gain from a Successful pattern Three Falling Peaks
DAPP - VanEck Digital Trfmt ETF
Tickeron
Ticker: DAPP
Company: VanEck Digital Trfmt ETF
Gain from shortening: +2.84%
Confirmed: 02/19/25
Succeeded: 02/20/25
Total length: 7 days
On February 13, 2025, A.I.dvisor detected a Three Falling Peaks Pattern (Bearish) for VanEck Digital Trfmt ETF (DAPP, $15.15). 6 days later, on February 19, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 20, 2025, the stock hit the target price of $13.59 – resulting in a gain for traders who shorted the stock on the pattern detection date.

DAPP sees MACD Histogram just turned negative

DAPP saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on February 21, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 32 instances where the indicator turned negative. In of the 32 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 18, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DAPP as a result. In of 70 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

DAPP moved below its 50-day moving average on January 27, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DAPP 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 DAPP entered a downward trend on January 23, 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 entered the oversold zone -- be on the watch for DAPP's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DAPP advanced for three days, in of 222 cases, the price rose further within the following month. The odds of a continued upward trend are .

DAPP 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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DAPP
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