DKRB Subversive Decarbonization ETF Forecast, Technical & Fundamental Analysis

DKRB saw its Stochastic Oscillator recovers from the overbought zone

The Stochastic Oscillator for DKRB moved out of overbought territory on November 29, 2023. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 10 similar instances where the indicator exited the overbought zone. In of the 10 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 29, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on DKRB as a result. In of 15 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

DKRB moved below its 50-day moving average on November 29, 2023 date and that indicates a change from an upward trend to a downward trend.

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

DKRB broke above its upper Bollinger Band on November 01, 2023. 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.

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for DKRB just turned positive on November 13, 2023. Looking at past instances where DKRB's MACD turned positive, the stock continued to rise in of 7 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for DKRB crossed bullishly above the 50-day moving average on November 20, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 3 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 DKRB advanced for three days, in of 58 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 26 cases where DKRB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)