DVND in upward trend: price rose above 50-day moving average on November 02, 2023
DVND moved above its 50-day moving average on November 02, 2023 date and that indicates a change from a downward trend to an upward trend. In of 12 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on DVND as a result. In of 17 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 DVND just turned positive on October 31, 2023. Looking at past instances where DVND's MACD turned positive, the stock continued to rise in of 12 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for DVND crossed bullishly above the 50-day moving average on November 10, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 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 DVND advanced for three days, in of 79 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 73 cases where DVND 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 12 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 20 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 DVND declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DVND broke above its upper Bollinger Band on November 03, 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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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeValue
DVND and
Correlation & Price change
A.I.dvisor indicates that over the last year, DVND has been closely correlated with IWD. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if DVND jumps, then IWD could also see price increases.
| Ticker / NAME | Correlation To DVND | 1D Price Change % | ||
|---|---|---|---|---|
| DVND | 100% | +0.71% | ||
| IWD - DVND | 95% Closely correlated | +1.10% | ||
| VTV - DVND | 95% Closely correlated | +0.89% | ||
| DIA - DVND | 95% Closely correlated | +0.85% | ||
| SCHD - DVND | 94% Closely correlated | +1.11% | ||
| VYM - DVND | 94% Closely correlated | +1.03% |