Question 1

What does the Stochastic Oscillator suggest about DAT's trend?

Accepted Answer

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

Question 2

How did DAT's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on October 03, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DAT as a result. In 50 of 54 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 90%.

Question 3

What does MACD indicator imply for DAT?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for DAT turned negative on October 03, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 27 similar instances when the indicator turned negative. In 24 of the 27 cases the stock turned lower in the days that followed. This puts the odds of success at 89%.

Question 4

What is the significance of the 50-day moving average indicator for DAT?

Accepted Answer

DAT moved above its 50-day moving average on October 02, 2024 date and that indicates a change from a downward trend to an upward trend. In 26 of 28 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 90%.

Question 5

What is the significance of the 10-day moving average indicator for DAT?

Accepted Answer

The 10-day moving average for DAT crossed bullishly above the 50-day moving average on September 24, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 9 of 10 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.

Question 6

What does a 3-day price advance indicate for DAT?

Accepted Answer

Following a +1.10% 3-day Advance, the price is estimated to grow further. Considering data from situations where DAT advanced for three days, in 175 of 202 cases, the price rose further within the following month. The odds of a continued upward trend are 87%.

Question 7

What does a 3-day decline signify for DAT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DAT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 85%.

Question 8

What does DAT breaking above its upper Bollinger Band indicate?

Accepted Answer

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

DAT Stock ProShares Big Data Refiners ETF (DAT, $32.89) RSI Indicator left the oversold zone on August 06, 2024

DAT in upward trend: price rose above 50-day moving average on October 02, 2024

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