DMAY sees its Stochastic Oscillator climbs out of oversold territory
On January 03, 2025, the Stochastic Oscillator for DMAY moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 39 instances where the indicator left the oversold zone. In of the 39 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DMAY's RSI Indicator exited the oversold zone, of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
DMAY moved above its 50-day moving average on January 03, 2025 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 DMAY advanced for three days, in of 344 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 431 cases where DMAY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DMAY as a result. In of 72 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 DMAY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Unknown
DMAY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DMAY has been closely correlated with FMAR. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if DMAY jumps, then FMAR could also see price increases.
| Ticker / NAME | Correlation To DMAY | 1D Price Change % | ||
|---|---|---|---|---|
| DMAY | 100% | +0.53% | ||
| FMAR - DMAY | 87% Closely correlated | +0.30% | ||
| BALT - DMAY | 87% Closely correlated | +0.16% | ||
| HELO - DMAY | 84% Closely correlated | +0.46% | ||
| FJUL - DMAY | 83% Closely correlated | +0.57% | ||
| POCT - DMAY | 83% Closely correlated | +0.43% | ||
More | ||||