DGHI Stock Tickeron detected bullish Stock Pattern: Triangle Descending DGHI on October 24, 2024, netting in a 50.00% gain over 1 month
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Momentum Indicator for DGHI turns positive, indicating new upward trend
DGHI saw its Momentum Indicator move above the 0 level on October 16, 2024. 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 105 similar instances where the indicator turned positive. In of the 105 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for DGHI just turned positive on October 16, 2024. Looking at past instances where DGHI's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
DGHI moved above its 50-day moving average on October 16, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for DGHI crossed bullishly above the 50-day moving average on October 23, 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where DGHI advanced for three days, in of 228 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 108 cases where DGHI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for DGHI moved out of overbought territory on November 12, 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 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 48 cases where DGHI'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 DGHI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DGHI broke above its upper Bollinger Band on November 11, 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.
