WisdomTree Emerging Mkts Qual Div Gr ETF (DGRE) on Focus After Forming Bullish Multiple Top Chart Pattern

December 8, 2017 - By Darrin Black

The stock of WisdomTree Emerging Mkts Qual Div Gr ETF (DGRE) shows a multiple tops pattern with $27.75 target or 8.00 % above today’s $25.69 share price. The 7 months chart pattern indicates low risk for the $64.25 million company. It was reported on Dec, 8 by Finviz.com. If the $27.75 price target is reached, the company will be worth $5.14M more.
Multiple tops are chart patterns with decent performance in a bull market. The failure rate is higher but the average decline is reasonable. Back-tests of such patterns show that the break even failure rate is 10%, the average rise: 19%, the throwback rate: 61% and the percentage of stocks meeting their price targets: 40%.

The ETF increased 0.12% or $0.03 during the last trading session, reaching $25.69. About 4,700 shares traded. WisdomTree Emerging Mkts Qual Div Gr ETF (NASDAQ:DGRE) has risen 18.31% since December 8, 2016 and is uptrending. It has outperformed by 1.61% the S&P500.

More recent WisdomTree Emerging Mkts Qual Div Gr ETF (NASDAQ:DGRE) news were published by: Etfdailynews.com which released: “WisdomTree: Middle East Will Be Big Beneficiary Of Aramco IPO (GULF)” on November 17, 2017. Also Etfdailynews.com published the news titled: “WisdomTree’s Best And Worst Performing Equity ETFs Of 2017 (CXSE)” on December 01, 2017. Etfdailynews.com‘s news article titled: “WisdomTree: Don’t Ignore China’s New Foray Into The Cloud” with publication date: November 09, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.