Direxion Daily Cld Cmptng Bl 2X (CLDL, $13.62) entered Downtrend as Momentum indicator drops below 0 level on Jun 13, 2025

@Trading, #TechnicalAnalysis, #Momentum, #Bearish, #ETFs
CLDL - Direxion Daily Cld Cmptng Bl 2X Shs ETF
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $13.62
Daily change: -$0.4 (-2.86%)
Daily volume: 5K
Net Assets: $6M

This indicator may be signaling that CLDL's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 70 similar cases where CLDL's Momentum Indicator fell below the 0 level, and 64 of them led to a successful outcome. Odds of Success: 90%.