DAX in upward trend: price rose above 50-day moving average on January 06, 2025
DAX moved above its 50-day moving average on January 06, 2025 date and that indicates a change from a downward trend to an upward trend. In of 46 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 06, 2025. You may want to consider a long position or call options on DAX as a result. In of 89 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 DAX just turned positive on January 08, 2025. Looking at past instances where DAX's MACD turned positive, the stock continued to rise in of 52 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 DAX advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 10-day moving average for DAX crossed bearishly below the 50-day moving average on December 31, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 DAX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Miscellaneous
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| ANTGX | 8.12 | 0.08 | +1.00% |
| American Century Non-US Intrs Val G | |||
| TGVYX | 54.82 | 0.52 | +0.96% |
| Touchstone Growth Opportunities Y | |||
| FIIAX | 24.18 | 0.12 | +0.50% |
| Fidelity Advisor Mid Cap II A | |||
| SEMNX | 16.74 | 0.08 | +0.48% |
| Hartford Schroders Emerging Mkts Eq I | |||
| RPNCX | 11.33 | 0.03 | +0.27% |
| Riverpark/Next Century Growth Retail | |||
DAX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DAX has been closely correlated with EWU. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if DAX jumps, then EWU could also see price increases.