TDVG T. Rowe Price Dividend Growth ETF Forecast, Technical & Fundamental Analysis
TDVG sees MACD Histogram just turned negative
TDVG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 18, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 26 instances where the indicator turned negative. In of the 26 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 Momentum Indicator moved below the 0 level on September 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TDVG as a result. In of 41 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
TDVG moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for TDVG crossed bearishly below the 50-day moving average on August 22, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 9 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 TDVG 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 TDVG entered a downward trend on August 29, 2023. 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 Indicator points to a transition from a downward trend to an upward trend -- in cases where TDVG's RSI Indicator exited the oversold zone, of 13 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TDVG advanced for three days, in of 201 cases, the price rose further within the following month. The odds of a continued upward trend are .
TDVG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
TDVG and
Correlation & Price change
A.I.dvisor indicates that over the last year, TDVG has been closely correlated with VIG. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if TDVG jumps, then VIG could also see price increases.
| Ticker / NAME | Correlation To TDVG | 1D Price Change % | ||
|---|---|---|---|---|
| TDVG | 100% | -0.53% | ||
| VIG - TDVG | 91% Closely correlated | -0.51% | ||
| VTI - TDVG | 89% Closely correlated | -0.88% | ||
| SPY - TDVG | 89% Closely correlated | -0.92% | ||
| IVV - TDVG | 89% Closely correlated | -0.95% | ||
| VOO - TDVG | 88% Closely correlated | -0.94% |