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DBGI Stock Digital Brands Group (DBGI, $0.4) RSI Indicator left the oversold zone on September 25, 2024

A.I.dvisor
at Tickeron.com
09/26/24
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DBGI - Digital Brands Group
RSI signal
Bullish Trend
Odds of UP Trend
RSI signal
Price: $0.4
Daily change: -$0.1089 (-21.4%)
Daily volume: 508.6K
Capitalization: $1.3M
Industry: Apparel/Footwear Retail
This is a signal that DBGI's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. A.I.dvisor looked back and found 35 similar cases where DBGI's RSI Indicator left the oversold zone, and in of them led to a successful outcome. Odds of Success:

DBGI's RSI Oscillator remains in oversold zone for 12 days

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 22 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The Moving Average Convergence Divergence (MACD) for DBGI just turned positive on October 11, 2024. Looking at past instances where DBGI's MACD turned positive, the stock continued to rise in of 25 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 DBGI advanced for three days, in of 126 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DBGI as a result. In of 51 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 DBGI 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 DBGI entered a downward trend on October 11, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 76%.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.814) is normal, around the industry mean (3.843). P/E Ratio (0.011) is within average values for comparable stocks, (106.594). DBGI's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.444). DBGI has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.028). P/S Ratio (0.052) is also within normal values, averaging (1.249).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. DBGI’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DBGI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock worse than average.

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General Information

Industry ApparelFootwearRetail

Profile
Fundamentals
Details
Industry
N/A
Address
1400 Lavaca Street
Phone
+1 209 651-0172
Employees
58
Web
https://www.digitalbrandsgroup.co