CLDL Stock Direxion Daily Cld Cmptng Bl 2X (CLDL, $13.99) RSI Indicator left the overbought zone on November 15, 2024

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CLDL - Direxion Daily Cld Cmptng Bl 2X Shs ETF

RSI signal

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Odds of DOWN Trend

Price: $13.99

Daily change: -$0.59 (-4.05%)

Daily volume: 46.5K

Net Assets: $6.2M

CLDL's RSI Indicator leaves overbought zone

The 10-day RSI Indicator for CLDL moved out of overbought territory on November 15, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 21 instances where the indicator moved out of the overbought zone. In of the 21 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

CLDL broke above its upper Bollinger Band on November 05, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 28, 2024. You may want to consider a long position or call options on CLDL as a result. In of 63 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CLDL just turned positive on November 06, 2024. Looking at past instances where CLDL's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .

The 50-day moving average for CLDL moved above the 200-day moving average on October 29, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CLDL advanced for three days, in of 269 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 165 cases where CLDL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .