Dividend-growth ETF, trend gathering pace
DGRO rises 0.9% as buyers retake control of volume
Dividend-growth ETF, trend gathering pace
Our view last week
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.
This week's summary
The tug-of-war on DGRO's volume resolves in the buyers' favor: this week they retake control of trading, at 91%, and the ADX keeps climbing to 38.1 — the trend gains conviction. Weekly RSI rises to 70.9 and money flow (CMF) strengthens, but on the daily chart price action shows some caution: contracting volumes and mixed rejection bars. Price stays a step from its record highs, boxed in a tight corridor between the nearest resistance and support.
IQS Phase
83
in tension / maturity
Signal Strength
8
low · fading
Sizing
MINIMUM
Ranking
#122 / 124
US stocks in progress
Trade P&L %
+8.46%
from signal to today
Rank position
ranks 122nd among the 124 Longs already running for US stocks in our ranking, with a signal strength of 8 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
DGRO belongs to the etf broad sector (reference ETF ).
restricted Platinum content