DVOL FirstTrustDorseyWrightMomt&LwVolatil ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility TM Index (the "index")... Show more
DVOL in upward trend: 10-day moving average broke above 50-day moving average on May 06, 2025
The 10-day moving average for DVOL crossed bullishly above the 50-day moving average on May 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for DVOL just turned positive on April 16, 2025. Looking at past instances where DVOL's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
DVOL moved above its 50-day moving average on April 30, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DVOL advanced for three days, in of 388 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 398 cases where DVOL 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 65 cases where DVOL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on May 13, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DVOL as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 DVOL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category LargeBlend
DVOL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DVOL has been closely correlated with VIG. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if DVOL jumps, then VIG could also see price increases.
| Ticker / NAME | Correlation To DVOL | 1D Price Change % | ||
|---|---|---|---|---|
| DVOL | 100% | -0.57% | ||
| VIG - DVOL | 88% Closely correlated | -0.29% | ||
| DFAU - DVOL | 78% Closely correlated | +0.72% | ||
| VTI - DVOL | 77% Closely correlated | +0.68% | ||
| IVV - DVOL | 76% Closely correlated | +0.72% | ||
| SPY - DVOL | 76% Closely correlated | +0.66% | ||
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