DDM's RSI Indicator entering oversold zone
The RSI Indicator for DDM moved into overbought territory on September 22, 2023. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DDM advanced for three days, in of 356 cases, the price rose further within the following month. The odds of a continued upward trend are .
DDM 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 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on DDM as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for DDM turned negative on September 20, 2023. 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
DDM moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for DDM crossed bearishly below the 50-day moving average on August 24, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 DDM 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 DDM entered a downward trend on September 06, 2023. 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)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| VCGEX | 5.52 | 0.06 | +1.10% |
| VALIC Company I Emerg Economies | |||
| BGITX | 11.24 | 0.02 | +0.18% |
| Baillie Gifford International Alpha 2 | |||
| MGRRX | 32.71 | -0.01 | -0.03% |
| MFS International Growth R1 | |||
| OVECX | 11.41 | -0.04 | -0.35% |
| Sterling Capital Mid Value C | |||
| ADNIX | 10.66 | -0.19 | -1.75% |
| American Beacon ARK Transfmt Innov R5 | |||
DDM and
Correlation & Price change
A.I.dvisor indicates that over the last year, DDM has been closely correlated with SSO. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if DDM jumps, then SSO could also see price increases.
| Ticker / NAME | Correlation To DDM | 1D Price Change % | ||
|---|---|---|---|---|
| DDM | 100% | -0.65% | ||
| SSO - DDM | 93% Closely correlated | -0.53% | ||
| SPXL - DDM | 93% Closely correlated | -0.82% | ||
| QLD - DDM | 78% Closely correlated | +0.08% | ||
| TQQQ - DDM | 78% Closely correlated | +0.07% | ||
| SOXL - DDM | 67% Closely correlated | +2.41% |