NDVG sees its Stochastic Oscillator recovers from oversold territory
On December 16, 2024, the Stochastic Oscillator for NDVG moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 37 instances where the indicator left the oversold zone. In of the 37 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
NDVG moved above its 50-day moving average on November 21, 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 NDVG advanced for three days, in of 228 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 248 cases where NDVG 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 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 NDVG as a result. In of 50 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NDVG turned negative on December 10, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 29 similar instances when the indicator turned negative. In of the 29 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NDVG 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
NDVG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, NDVG has been closely correlated with DFAU. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if NDVG jumps, then DFAU could also see price increases.
| Ticker / NAME | Correlation To NDVG | 1D Price Change % | ||
|---|---|---|---|---|
| NDVG | 100% | -0.56% | ||
| DFAU - NDVG | 90% Closely correlated | -0.56% | ||
| JUST - NDVG | 89% Closely correlated | -0.58% | ||
| BKLC - NDVG | 88% Closely correlated | -0.40% | ||
| STRV - NDVG | 86% Closely correlated | -0.38% | ||
| RECS - NDVG | 85% Closely correlated | -0.33% | ||
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