DVLU First Trust Dorsey Wright Momt & Val ETF Forecast, Technical & Fundamental Analysis
DVLU in downward trend: 10-day moving average broke below 50-day moving average on December 16, 2024
The 10-day moving average for DVLU crossed bearishly below the 50-day moving average on December 16, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DVLU as a result. In of 80 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 DVLU turned negative on December 04, 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
DVLU moved below its 50-day moving average on December 10, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DVLU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DVLU broke above its upper Bollinger Band on November 25, 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.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 4 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 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.
The Aroon Indicator entered an Uptrend today. In of 347 cases where DVLU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category MidCapValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GCSUX | 29.70 | N/A | N/A |
| Goldman Sachs Small Cap Eq Insghts R6 | |||
| SHXIX | 14.57 | -0.07 | -0.48% |
| American Beacon Shapiro Equity Opps R5 | |||
| PCAOX | 86.05 | -0.56 | -0.65% |
| Principal Capital Appreciation R3 | |||
| DBMAX | 28.48 | -0.25 | -0.87% |
| BNY Mellon Sm/Md Cp Gr A | |||
| RYSGX | 53.69 | -0.80 | -1.47% |
| Rydex S&P SmallCap 600 Pure Growth A | |||
DVLU and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DVLU has been closely correlated with IJJ. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if DVLU jumps, then IJJ could also see price increases.
| Ticker / NAME | Correlation To DVLU | 1D Price Change % | ||
|---|---|---|---|---|
| DVLU | 100% | -1.77% | ||
| IJJ - DVLU | 92% Closely correlated | -1.29% | ||
| IWS - DVLU | 92% Closely correlated | -1.33% | ||
| COWZ - DVLU | 89% Closely correlated | -0.58% | ||
| VOE - DVLU | 89% Closely correlated | -0.80% | ||
| SDY - DVLU | 77% Closely correlated | -0.63% |