DEEP Stock Roundhill Acquirers Deep Value ETF (DEEP, $36.06) Stochastic Oscillator left the overbought zone on November 15, 2024

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DEEP - Roundhill Acquirers Deep Value ETF

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Odds of DOWN Trend

Price: $36.06

Daily change: -$0.33 (-0.92%)

Daily volume: 21.9K

Net Assets: $31M

DEEP's RSI Indicator recovers from overbought zone

The 10-day RSI Indicator for DEEP moved out of overbought territory on November 12, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 instances where the indicator moved out of the overbought zone. In of the 40 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 70 cases where DEEP's Stochastic Oscillator exited the overbought zone, the price fell further within 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 DEEP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

DEEP broke above its upper Bollinger Band on November 06, 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.

The Aroon Indicator for DEEP entered a downward trend on November 04, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 05, 2024. You may want to consider a long position or call options on DEEP as a result. In of 96 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 DEEP just turned positive on November 06, 2024. Looking at past instances where DEEP's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

DEEP moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for DEEP crossed bullishly above the 50-day moving average on November 07, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 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 DEEP advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .