VDE saw its Momentum Indicator move below the 0 level on November 29, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 98 similar instances where the indicator turned negative. In of the 98 cases, the stock moved further down in the following days. The odds of a decline are at .
The 10-day moving average for VDE crossed bearishly below the 50-day moving average on October 27, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 VDE 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 VDE entered a downward trend on November 28, 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.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where VDE's RSI Oscillator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 59 cases where VDE's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for VDE just turned positive on November 17, 2023. Looking at past instances where VDE's MACD turned positive, the stock continued to rise in of 44 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 VDE advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
VDE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Category Energy
A.I.dvisor indicates that over the last year, VDE has been closely correlated with FENY. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if VDE jumps, then FENY could also see price increases.
Ticker / NAME | Correlation To VDE | 1D Price Change % | ||
---|---|---|---|---|
VDE | 100% | +0.72% | ||
FENY - VDE | 100% Closely correlated | +0.65% | ||
IYE - VDE | 99% Closely correlated | +0.68% | ||
XLE - VDE | 99% Closely correlated | +0.61% | ||
IXC - VDE | 98% Closely correlated | +0.61% | ||
RSPG - VDE | 98% Closely correlated | +0.93% | ||
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