Question 1

What implications does the 10-day RSI indicator have for DASH?

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

What does the Stochastic Oscillator suggest about DASH's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did DASH's Momentum indicator behave recently?

Accepted Answer

DASH saw its Momentum Indicator move above the 0 level on July 31, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 58 similar instances where the indicator turned positive. In 41 of the 58 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for DASH?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for DASH just turned positive on July 29, 2024. Looking at past instances where DASH's MACD turned positive, the stock continued to rise in 33 of 38 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for DASH?

Accepted Answer

DASH moved above its 50-day moving average on August 02, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for DASH?

Accepted Answer

The 10-day moving average for DASH crossed bullishly above the 50-day moving average on August 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 9 of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day price advance indicate for DASH?

Accepted Answer

Following a +4.61% 3-day Advance, the price is estimated to grow further. Considering data from situations where DASH advanced for three days, in 184 of 221 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does DASH breaking above its upper Bollinger Band indicate?

Accepted Answer

DASH broke above its upper Bollinger Band on August 02, 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.

Question 9

How does the Aroon Indicator reflect on DASH's trend?

Accepted Answer

The Aroon Indicator for DASH entered a downward trend on August 01, 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.

DASH Stock DoorDash (DASH, $112.44) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 28, 2024

Momentum Indicator for DASH turns positive, indicating new upward trend

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