Momentum Indicator for DFAC turns negative, indicating new downward trend
DFAC saw its Momentum Indicator move below the 0 level on December 10, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator turned negative. In of the 48 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for DFAC moved out of overbought territory on December 05, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 29 similar instances where the indicator moved out of overbought territory. In of the 29 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for DFAC turned negative on December 09, 2024. 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 36 similar instances when the indicator turned negative. In of the 36 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DFAC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DFAC advanced for three days, in of 220 cases, the price rose further within the following month. The odds of a continued upward trend are .
DFAC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 259 cases where DFAC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| HARD | 27.01 | 0.06 | +0.24% |
| Simplify Commodities Strategy No K-1 ETF | |||
| TOTL | 39.90 | -0.05 | -0.13% |
| SPDR® DoubleLine® Total Return Tact ETF | |||
| DEEF | 28.98 | -0.08 | -0.28% |
| Xtrackers FTSE Develop ex US Mulfact ETF | |||
| FICS | 34.90 | -0.11 | -0.31% |
| First Trust Intl Developed Cap Strth ETF | |||
| BBSC | 72.04 | -0.94 | -1.28% |
| JPMorgan BetaBuilders US Sml Cp Eq ETF | |||
DFAC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DFAC has been closely correlated with DFAU. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if DFAC jumps, then DFAU could also see price increases.
| Ticker / NAME | Correlation To DFAC | 1D Price Change % | ||
|---|---|---|---|---|
| DFAC | 100% | -0.70% | ||
| DFAU - DFAC | 98% Closely correlated | -0.56% | ||
| VTI - DFAC | 97% Closely correlated | -0.49% | ||
| IVV - DFAC | 95% Closely correlated | -0.44% | ||
| SPY - DFAC | 95% Closely correlated | -0.41% | ||
| VOO - DFAC | 94% Closely correlated | -0.42% | ||
More | ||||