DOG's RSI Indicator ascending out of oversold territory
The RSI Indicator for DOG moved out of oversold territory on December 02, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 35 similar instances when the indicator left oversold territory. In of the 35 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 10, 2024. You may want to consider a long position or call options on DOG as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for DOG just turned positive on December 09, 2024. Looking at past instances where DOG's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .
DOG moved above its 50-day moving average on December 17, 2024 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 DOG advanced for three days, in of 259 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DOG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DOG broke above its upper Bollinger Band on December 12, 2024. 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.
The Aroon Indicator for DOG entered a downward trend on December 10, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Trading
DOG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DOG has been closely correlated with SPXS. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if DOG jumps, then SPXS could also see price increases.
| Ticker / NAME | Correlation To DOG | 1D Price Change % | ||
|---|---|---|---|---|
| DOG | 100% | +0.69% | ||
| SPXS - DOG | 86% Closely correlated | +1.22% | ||
| SDS - DOG | 81% Closely correlated | +0.90% | ||
| SPXU - DOG | 80% Closely correlated | +1.38% | ||
| SH - DOG | 78% Closely correlated | +0.46% | ||
| TZA - DOG | 75% Closely correlated | +3.51% | ||
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