DBND DoubleLine Opportunistic Bond ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for DBND turns positive, indicating new upward trend
DBND saw its Momentum Indicator move above the 0 level on January 08, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator turned positive. In of the 37 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DBND's RSI Indicator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 28 cases where DBND's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 DBND advanced for three days, in of 171 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day moving average for DBND crossed bearishly below the 50-day moving average on December 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 8 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 DBND 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 IntermediateTermBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| LSGRX | 29.84 | 0.35 | +1.19% |
| Loomis Sayles Growth Y | |||
| CSRYX | 36.84 | 0.27 | +0.74% |
| Columbia Select Large Cap Value Inst3 | |||
| MSTFX | 9.93 | 0.06 | +0.61% |
| Morningstar International Equity | |||
| WSCJX | 13.50 | 0.04 | +0.30% |
| Allspring Disciplined Small Cap R6 | |||
| CRARX | 10.48 | -0.01 | -0.10% |
| NYLI CBRE Real Estate Class I | |||
DBND and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DBND has been closely correlated with JCPB. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if DBND jumps, then JCPB could also see price increases.
| Ticker / NAME | Correlation To DBND | 1D Price Change % | ||
|---|---|---|---|---|
| DBND | 100% | +0.02% | ||
| JCPB - DBND | 96% Closely correlated | +0.01% | ||
| BOND - DBND | 95% Closely correlated | -0.07% | ||
| IUSB - DBND | 94% Closely correlated | +0.02% | ||
| TOTL - DBND | 94% Closely correlated | +0.20% | ||
| FBND - DBND | 93% Closely correlated | -0.02% | ||
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