DYTA sees MACD Histogram just turned negative
DYTA saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 09, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 19 instances where the indicator turned negative. In of the 19 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for DYTA moved out of overbought territory on December 05, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 19 similar instances where the indicator moved out of overbought territory. In of the 19 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DYTA as a result. In of 25 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 DYTA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 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.
DYTA moved above its 50-day moving average on November 18, 2024 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 DYTA advanced for three days, in of 104 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category WorldAllocation
DYTA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DYTA has been closely correlated with AOA. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if DYTA jumps, then AOA could also see price increases.
| Ticker / NAME | Correlation To DYTA | 1D Price Change % | ||
|---|---|---|---|---|
| DYTA | 100% | -0.62% | ||
| AOA - DYTA | 91% Closely correlated | -0.43% | ||
| HF - DYTA | 83% Closely correlated | -0.10% | ||
| GAL - DYTA | 79% Closely correlated | -0.35% | ||
| PCEF - DYTA | 75% Closely correlated | -1.06% | ||
| NTSI - DYTA | 71% Closely correlated | -0.20% | ||
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