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DFEN
ETF ticker: NYSE ARCA
AS OF
Jan 17, 04:59 PM (EDT)
Price
$31.00
Change
+$0.75 (+2.48%)
Net Assets
181.84M

DFEN stock forecast, quote, news & analysis

Category: @Trading
DFEN
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for DFEN with price predictions
Jan 08, 2025

DFEN's RSI Indicator ascends from oversold territory

The RSI Oscillator for DFEN moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 16 similar instances when the indicator left oversold territory. In of the 16 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for DFEN just turned positive on January 06, 2025. Looking at past instances where DFEN's MACD turned positive, the stock continued to rise in of 51 cases over the following month. 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 DFEN advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DFEN as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 DFEN 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 DFEN entered a downward trend on December 30, 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Boeing Company (NYSE:BA), Lockheed Martin Corp (NYSE:LMT), Northrop Grumman Corp (NYSE:NOC), Spirit Aerosystems Holdings (NYSE:SPR), Virgin Galactic Holdings (NYSE:SPCE).

Industry description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index attempts to measure the performance of the aerospace and defense industry of the U.S. equity market. The fund is non-diversified.

Market Cap

The average market capitalization across the Direxion Dly Aerospace&Def Bl 3X ShsETF ETF is 28.32B. The market cap for tickers in the group ranges from 148.71M to 161.2B. RTX holds the highest valuation in this group at 161.2B. The lowest valued company is SPCE at 148.71M.

High and low price notable news

The average weekly price growth across all stocks in the Direxion Dly Aerospace&Def Bl 3X ShsETF ETF was 14%. For the same ETF, the average monthly price growth was 17%, and the average quarterly price growth was 17%. CDRE experienced the highest price growth at 19%, while SPCE experienced the biggest fall at -11%.

Volume

The average weekly volume growth across all stocks in the Direxion Dly Aerospace&Def Bl 3X ShsETF ETF was -1%. For the same stocks of the ETF, the average monthly volume growth was -44% and the average quarterly volume growth was 114%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 55
P/E Growth Rating: 50
Price Growth Rating: 49
SMR Rating: 66
Profit Risk Rating: 58
Seasonality Score: 21 (-100 ... +100)
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DFEN
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/