DGP Stock DB Gold Double Long ETN (DGP, $67.03) Stochastic Oscillator left the overbought zone on December 13, 2024

GET DAILY SIGNALS

Get AI intraday signals

DGP - DB Gold Double Long ETN

Stochastic signal

View

Odds of DOWN Trend

Price: $67.03

Daily change: -$1.71 (-2.49%)

Daily volume: 42.1K

Net Assets: $99.8M

DGP in downward trend: price may drop because broke its higher Bollinger Band on December 11, 2024

DGP broke above its upper Bollinger Band on December 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. The A.I.dvisor looked at 50 similar instances where the stock broke above the upper band. In of the 50 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DGP as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

DGP moved below its 50-day moving average on December 13, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for DGP crossed bearishly below the 50-day moving average on November 15, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 DGP 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 RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where DGP's RSI Indicator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Moving Average Convergence Divergence (MACD) for DGP just turned positive on November 27, 2024. Looking at past instances where DGP'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DGP advanced for three days, in of 333 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 243 cases where DGP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .