DBO Stock Invesco DB Oil (DBO, $15.89) Aroon Indicator entered an Uptrend on July 12, 2024.

A.I.dvisor
at Tickeron.com
07/13/24
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DBO - Invesco DB Oil
Aroon signal
Bullish Trend
Odds of UP Trend
Aroon signal
Price: $15.89
Daily change: -$0.07 (-0.44%)
Daily volume: 291.5K
Net Assets: $227M
Over the last three days, A.I.dvisor has detected that DBO's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. A.I.dvisor backtested this indicator and found 389 similar cases, of which were successful. Based on this data, the odds of success are
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DBO
 
Daily Signal changed days ago
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