DIVY Stock Sound Equity Dividend Income ETF (DIVY, $26.43) entered Downtrend as Momentum indicator drops below 0 level on Nov 20, 2024

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DIVY - Sound Equity Dividend Income ETF

Momentum signal

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Odds of DOWN Trend

Price: $26.43

Daily change: +$0.09 (+0.35%)

Daily volume: 2.5K

Net Assets: $30.3M

DIVY in downward trend: 10-day moving average moved below 50-day moving average on October 31, 2024

The 10-day moving average for DIVY crossed bearishly below the 50-day moving average on October 31, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where DIVY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on November 20, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DIVY as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 DIVY 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 Moving Average Convergence Divergence (MACD) for DIVY just turned positive on November 21, 2024. Looking at past instances where DIVY's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

DIVY moved above its 50-day moving average on November 21, 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 DIVY advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .

DIVY 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 257 cases where DIVY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .