DGRO pauses after five straight weeks of gains
DGRO slips 0.3%, breaking a five-week rally, but the trend still holds
Our view last week
DGRO, the US dividend growth ETF, is back within a step of its record highs: technical analysis shows the weekly uptrend still standing but losing pace. Price rises just 0.5% and buyers slip from 84% to 52%, almost an even split. RSI and ADX keep climbing, to 76.1 and 42.9: the trend stays convinced but increasingly overbought. The 79 area hasn't been rejected yet, the move continues, and the residual stake is running at an 11% gain.
This week's summary
DGRO, the US dividend growth ETF, has paused after five straight weeks of gains: this week the price slips 0.3% and sellers edge back into a slight lead. The weekly RSI eases from 76.1 to 74.4, still deep in persistent overbought territory, while the ADX prints a fresh high at 44.5: the structural trend stays firm even as the week's push fades.
IQS Phase
67
in tension
Signal Strength
8
low · fading
Sizing
MINIMUM
Ranking
#165 / 167
US stocks in progress
Trade P&L %
+10.92%
from signal to date, no stop loss
Rank position
ranks 165th among the 167 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 ).
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