Momentum Indicator for DREP.X turns positive, indicating new upward trend
DREP.X saw its Momentum Indicator move above the 0 level on September 20, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 124 similar instances where the indicator turned positive. In of the 124 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
DREP.X moved above its 50-day moving average on September 22, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for DREP.X crossed bullishly above the 50-day moving average on September 23, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 DREP.X advanced for three days, in of 355 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 46 cases where DREP.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following 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 DREP.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DREP.X broke above its upper Bollinger Band on September 23, 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.
The Aroon Indicator for DREP.X entered a downward trend on September 09, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| UUP | 29.73 | 0.09 | +0.30% |
| Invesco DB US Dollar Bullish | |||
| FTXG | 23.88 | -0.15 | -0.62% |
| First Trust Nasdaq Food & Beverage ETF | |||
| TCHI | 16.79 | -0.15 | -0.88% |
| iShares MSCI China Multisector Tech ETF | |||
| FLSW | 29.93 | -0.35 | -1.16% |
| Franklin FTSE Switzerland ETF | |||
| ESGE | 30.17 | -0.43 | -1.41% |
| iShares ESG Aware MSCI EM ETF | |||
DREP.X and
Correlation & Price change
A.I.dvisor indicates that over the last year, DREP.X has been loosely correlated with PERL.X. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if DREP.X jumps, then PERL.X could also see price increases.
| Ticker / NAME | Correlation To DREP.X | 1D Price Change % | ||
|---|---|---|---|---|
| DREP.X | 100% | +0.05% | ||
| PERL.X - DREP.X | 51% Loosely correlated | +5.06% | ||
| TRU.X - DREP.X | 47% Loosely correlated | -3.10% | ||
| MIR.X - DREP.X | 44% Loosely correlated | -0.77% | ||
| PNT.X - DREP.X | 43% Loosely correlated | +17.47% | ||
| QUICK.X - DREP.X | 36% Loosely correlated | -1.79% | ||
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