DIVO Stock Tickeron detected bullish ETF Pattern: Triple Bottoms DIVO on November 05, 2024, netting in a 3.15% gain over 2 weeks

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DIVO - Amplify CWP Enhanced Dividend Income ETF

Ticker: DIVO

Company: Amplify CWP Enhanced Dividend Income ETF

Gain: +3.15%

Confirmed: 11/05/24

Succeeded: 11/11/24

Total length: 17 days

DIVO's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for DIVO turned positive on November 07, 2024. Looking at past instances where DIVO'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 .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on DIVO as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

DIVO 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.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DIVO advanced for three days, in of 356 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 337 cases where DIVO 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 DIVO 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 45 similar instances where the indicator moved out of overbought territory. In of the 45 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DIVO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

DIVO broke above its upper Bollinger Band on October 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.