DMF's Indicator enters downward trend
The Aroon Indicator for DMF entered a downward trend on September 25, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 160 similar instances where the Aroon Indicator formed such a pattern. In of the 160 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 September 07, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on DMF as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for DMF turned negative on September 08, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 50-day moving average for DMF moved below the 200-day moving average on August 29, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DMF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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 shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DMF advanced for three days, in of 296 cases, the price rose further within the following month. The odds of a continued upward trend are .
DMF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Industry description
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| STAEX | 6.93 | N/A | N/A |
| Allspring Discovery Large Cap Gr A | |||
| PHSYX | 63.39 | -0.40 | -0.63% |
| Putnam Global Health Care Y | |||
| RTDSX | 15.24 | -0.21 | -1.36% |
| Russell Inv Multifactor US Equity S | |||
| MOTCX | 3.51 | -0.05 | -1.40% |
| MassMutual Fundamental Growth R5 | |||
| UBVTX | 70.71 | -1.20 | -1.67% |
| Undiscovered Managers Behavioral Val R3 | |||
DMF and
Correlation & Price change
A.I.dvisor indicates that over the last year, DMF has been loosely correlated with NZF. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if DMF jumps, then NZF could also see price increases.