AAPU Stock Direxion Daily AAPL Bull 2X Shares (AAPU, $36.95) Aroon Indicator entered an Uptrend on October 23, 2024.

GET DAILY SIGNALS

Get AI intraday signals

AAPU - Direxion Daily AAPL Bull 2X Shares

Aroon signal

View

Odds of UP Trend

Price: $36.95

Daily change: -$1.73 (-4.47%)

Daily volume: 1.1M

Net Assets: $106.3M

AAPU's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for AAPU turned positive on November 19, 2024. Looking at past instances where AAPU's MACD turned positive, the stock continued to rise in of 26 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 14, 2024. You may want to consider a long position or call options on AAPU as a result. In of 31 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AAPU advanced for three days, in of 161 cases, the price rose further within the following month. The odds of a continued upward trend are .

AAPU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

AAPU moved below its 50-day moving average on November 21, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for AAPU crossed bearishly below the 50-day moving average on November 06, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 5 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AAPU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for AAPU entered a downward trend on November 13, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.