MGV Stock Vanguard Mega Cap Value ETF (MGV, $126.53) price exceeded its 50-day Moving Average on October 31, 2024

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MGV - Vanguard Mega Cap Value ETF

Moving Avg. signal

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Odds of DOWN Trend

Price: $126.53

Daily change: -$0.85 (-0.67%)

Daily volume: 235K

Net Assets: $8.6B

MGV's RSI Indicator recovers from overbought zone

The 10-day RSI Oscillator for MGV moved out of overbought territory on October 15, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 54 instances where the indicator moved out of the overbought zone. In of the 54 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 69 cases where MGV's Stochastic Oscillator exited the overbought zone, the price fell further within the following 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 MGV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MGV broke above its upper Bollinger Band on October 11, 2024. 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on MGV as a result. In of 81 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 MGV just turned positive on November 07, 2024. Looking at past instances where MGV's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .

MGV moved above its 50-day moving average on November 05, 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 MGV advanced for three days, in of 366 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 321 cases where MGV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .