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 uptrend is expected.
The Moving Average Convergence Divergence Histogram (MACD) for DRSK turned negative on December 20, 2024. 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 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
DRSK moved below its 50-day moving average on December 27, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for DRSK crossed bearishly below the 50-day moving average on January 02, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 DRSK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Category ShortTermBond
A.I.dvisor indicates that over the last year, DRSK has been loosely correlated with VCSH. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if DRSK jumps, then VCSH could also see price increases.
Ticker / NAME | Correlation To DRSK | 1D Price Change % | ||
---|---|---|---|---|
DRSK | 100% | +0.36% | ||
VCSH - DRSK | 65% Loosely correlated | -0.03% | ||
ISTB - DRSK | 64% Loosely correlated | N/A | ||
BSV - DRSK | 63% Loosely correlated | -0.04% | ||
IGSB - DRSK | 61% Loosely correlated | N/A | ||
SPSB - DRSK | 58% Loosely correlated | N/A | ||
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