EUDG Stock WisdomTree Europe Quality Div Gr ETF (EUDG, $32.92) price exceeded its 50-day Moving Average on October 15, 2024

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EUDG - WisdomTree Europe Quality Div Gr ETF

Moving Avg. signal

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Odds of DOWN Trend

Price: $32.92

Daily change: -$0.5 (-1.51%)

Daily volume: 2.8K

Net Assets: $69.9M

EUDG sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for EUDG moved below the 200-day moving average on December 02, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EUDG as a result. In of 79 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 EUDG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for EUDG entered a downward trend on December 03, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where EUDG's RSI Oscillator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for EUDG just turned positive on November 27, 2024. Looking at past instances where EUDG's MACD turned positive, the stock continued to rise in of 49 cases 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 EUDG advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .

EUDG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.