DBL in upward trend: price rose above 50-day moving average on September 14, 2023
DBL moved above its 50-day moving average on September 14, 2023 date and that indicates a change from a downward trend to an upward trend. In of 54 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 August 31, 2023. You may want to consider a long position or call options on DBL as a result. In of 118 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 DBL just turned positive on September 01, 2023. Looking at past instances where DBL's MACD turned positive, the stock continued to rise in of 64 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for DBL crossed bullishly above the 50-day moving average on September 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DBL advanced for three days, in of 279 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 257 cases where DBL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DBL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DBL broke above its upper Bollinger Band on September 15, 2023. 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.
Fundamental Analysis (Ratings)
Industry description
General Information
Category Unknown
DBL and
Correlation & Price change
A.I.dvisor indicates that over the last year, DBL has been loosely correlated with BTZ. These tickers have moved in lockstep 38% of the time. This A.I.-generated data suggests there is some statistical probability that if DBL jumps, then BTZ could also see price increases.