DBJP Stock Xtrackers MSCI Japan Hedged Equity ETF (DBJP, $73.23) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 17, 2024

GET DAILY SIGNALS

Get AI intraday signals

DBJP - Xtrackers MSCI Japan Hedged Equity ETF

MACD signal

View

Odds of DOWN Trend

Price: $73.23

Daily change: +$0.07 (+0.1%)

Daily volume: 11.7K

Net Assets: $408.5M

Momentum Indicator for DBJP turns negative, indicating new downward trend

DBJP saw its Momentum Indicator move below the 0 level on October 18, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 103 similar instances where the indicator turned negative. In of the 103 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 72 cases where DBJP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for DBJP turned negative on October 17, 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

DBJP broke above its upper Bollinger Band on September 26, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

DBJP moved above its 50-day moving average on September 20, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for DBJP crossed bullishly above the 50-day moving average on September 27, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 .

The 50-day moving average for DBJP moved above the 200-day moving average on October 16, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DBJP advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 304 cases where DBJP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .