MGV Stock Vanguard Mega Cap Value ETF (MGV, $118.21) entered Uptrend as Momentum indicator ascends above 0 level on Jun 07, 2024

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MGV - Vanguard Mega Cap Value ETF

Momentum signal

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Odds of UP Trend

Price: $118.21

Daily change: -$0.14 (-0.12%)

Daily volume: 99.2K

Net Assets: $7.5B

Momentum Indicator for MGV turns positive, indicating new upward trend

MGV saw its Momentum Indicator move above the 0 level on November 06, 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 of the 82 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for MGV just turned positive on November 07, 2024. Looking at past instances where MGV's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .

MGV moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for MGV crossed bullishly above the 50-day moving average on November 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MGV advanced for three days, in of 365 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 321 cases where MGV 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.