DGRO: the tug-of-war between buyers and sellers goes on
DGRO closes flat (+0.1%), but the ADX keeps climbing: the trend holds firm
DGRO: the tug-of-war between buyers and sellers goes on
Our view last week
The tight squeeze flagged last week between two close levels held, and inside that range the balance of power flipped: buy volume collapses from 98% to 26%, with sellers slightly ahead on the last bar. The underlying trend still holds — ADX rising, moving averages aligned — but buying pressure is fading. DGRO stands at +7.37% since entry.
This week's summary
The tug-of-war flagged last week on DGRO, the US dividend-growth stock ETF, hasn't resolved yet: after buy volume collapsed from 98% to 26%, this week buyers clawed back a bit, to 38%, but sellers still hold a slight edge on the last bar. The trend keeps getting sturdier, though — the ADX keeps climbing, now at 37.2 — while price sits stalled a step from its record highs.
IQS Phase
65
in tension
Signal Strength
12
low · fading
Sizing
MINIMUM
Ranking
#110 / 112
US stocks in progress
Trade P&L %
+7.48%
from signal to today
restricted Platinum content