Question 1

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

How did DSGX's Momentum indicator behave recently?

Accepted Answer

DSGX saw its Momentum Indicator move above the 0 level on August 16, 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 82 similar instances where the indicator turned positive. In 56 of the 82 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for DSGX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for DSGX just turned positive on August 16, 2024. Looking at past instances where DSGX's MACD turned positive, the stock continued to rise in 42 of 56 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

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

Accepted Answer

DSGX moved above its 50-day moving average on August 14, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

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

Accepted Answer

The 10-day moving average for DSGX crossed bearishly below the 50-day moving average on August 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 5 of 17 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 0%.

Question 6

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

Accepted Answer

Following a +1.35% 3-day Advance, the price is estimated to grow further. Considering data from situations where DSGX advanced for three days, in 226 of 359 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for DSGX's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DSGX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

What does DSGX breaking above its upper Bollinger Band indicate?

Accepted Answer

DSGX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

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

Accepted Answer

The Aroon Indicator for DSGX entered a downward trend on August 14, 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.

DSGX Stock Descartes Systems Group (DSGX, $90.34) RSI Indicator left the oversold zone on June 04, 2024

Momentum Indicator for DSGX turns positive, indicating new upward trend

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