DAX Stock Global X DAX Germany ETF (DAX, $32.65) entered Downtrend as Momentum indicator drops below 0 level on Jun 13, 2024

A.I.dvisor
at Tickeron.com
06/14/24
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DAX - Global X DAX Germany ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $32.65
Daily change: -$0.66 (-1.98%)
Daily volume: 7.2K
Net Assets: $73.9M
This indicator may be signaling that DAX's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 87 similar cases where DAX's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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