DVNHF Frontier Services Group Ltd Forecast, Technical & Fundamental Analysis

DVNHF in downward trend: price dove below 50-day moving average on November 19, 2024

DVNHF moved below its 50-day moving average on November 19, 2024 date and that indicates a change from an upward trend to a downward trend. In of 19 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day moving average for DVNHF crossed bearishly below the 50-day moving average on November 11, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DVNHF's RSI Oscillator exited the oversold zone, of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 16 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 Momentum Indicator moved above the 0 level on December 05, 2024. You may want to consider a long position or call options on DVNHF as a result. In of 33 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 DVNHF just turned positive on December 09, 2024. Looking at past instances where DVNHF's MACD turned positive, the stock continued to rise in of 25 cases over the following month. The odds of a continued upward trend are .