DJD Stock Tickeron detected bearish ETF Pattern: Pennant DJD on March 27, 2025, netting in a 2.71% gain over 1 week

GET DAILY SIGNALS

Get AI intraday signals

DJD - Invesco Dow Jones Industrial Avg Div ETF

Ticker: DJD

Company: Invesco Dow Jones Industrial Avg Div ETF

Gain from shorting: +2.71%

Confirmed: 03/27/25

Succeeded: 04/03/25

Total length: 8 days

DJD sees MACD Histogram crosses below signal line

DJD saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 03, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 53 instances where the indicator turned negative. In of the 53 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DJD as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

DJD moved below its 50-day moving average on March 25, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for DJD crossed bearishly below the 50-day moving average on March 20, 2025. 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DJD 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 DJD entered a downward trend on April 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DJD advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .

DJD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.