DSTL Distillate US Fdmtl Stblty & Val ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for DSTL turns positive, indicating new upward trend
DSTL saw its Momentum Indicator move above the 0 level on November 02, 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 69 similar instances where the indicator turned positive. In of the 69 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for DSTL just turned positive on November 02, 2023. Looking at past instances where DSTL's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
DSTL moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for DSTL crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 DSTL advanced for three days, in of 362 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 381 cases where DSTL 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 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 DSTL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DSTL broke above its upper Bollinger Band on December 01, 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.
Fundamental Analysis (Ratings)
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High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
DSTL and
Correlation & Price change
A.I.dvisor indicates that over the last year, DSTL has been closely correlated with VTI. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if DSTL jumps, then VTI could also see price increases.
| Ticker / NAME | Correlation To DSTL | 1D Price Change % | ||
|---|---|---|---|---|
| DSTL | 100% | +0.02% | ||
| VTI - DSTL | 93% Closely correlated | -0.42% | ||
| VIG - DSTL | 93% Closely correlated | -0.19% | ||
| IVV - DSTL | 92% Closely correlated | -0.41% | ||
| SPY - DSTL | 92% Closely correlated | -0.40% | ||
| VOO - DSTL | 92% Closely correlated | -0.42% |