Global X Disruptive Materials ETF (DMAT, $13.17) Aroon Indicator entered a Downtrend on February 14, 2024.

A.I.dvisor
at Tickeron.com
02/15/24
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DMAT - Global X Disruptive Materials ETF
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $13.17
Daily change: +$0.2 (+1.54%)
Daily volume: 243
Net Assets: $5.6M
For the last three days, A.I.dvisor has detected that DMAT's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for DMAT, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 108 similar cases, of which were successful. Based on this data, the odds of success are
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DMATDaily Signal changed days agoGain/Loss if shorted
 
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Category NaturalResources

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Global X Funds600 Lexington Avenue, 20th FloorNew York
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www.globalxfunds.com