Dividend growth ETF: sellers retake volume control
DGRO: sellers retake 72% of volume as price holds near highs (+0.2%)
Dividend growth ETF: sellers retake volume control
Our view last week
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.
This week's summary
The tug-of-war on DGRO's volume, the US dividend growth ETF, swings again: after buyers held 91% a week ago, sellers retake control this week, at 72%, while weekly RSI stays high at 71.4 and the MACD loses some steam. Price still keeps working a step from its record highs, with the ADX climbing further to 39.7. On the daily chart, price action adds caution, with mixed rejection bars. The trade is in its 16th week, up 8.7%.
IQS Phase
66
in tension
Signal Strength
8
low · fading
Sizing
MINIMUM
Ranking
#118 / 120
US stocks in progress
Trade P&L %
+8.69%
from signal to date, no stop loss
Rank position
ranks 118th among the 120 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