DJCB ETRACS Bloomberg Cmdy Ttl RtnSM ETN B Forecast, Technical & Fundamental Analysis

DJCB's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for DJCB turned positive on December 11, 2024. Looking at past instances where DJCB's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where DJCB's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 12, 2024. You may want to consider a long position or call options on DJCB as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 DJCB advanced for three days, in of 376 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

DJCB moved below its 50-day moving average on November 27, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for DJCB 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 12 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 DJCB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for DJCB entered a downward trend on November 21, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.