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DFEN
ETF ticker: NYSE ARCA
AS OF
Dec 18, 04:49 PM (EDT)
Price
$26.71
Change
-$2.66 (-9.06%)
Net Assets
172.14M

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
A.I.Advisor
a Summary for DFEN with price predictions
Dec 17, 2024

DFEN sees MACD Histogram crosses below signal line

DFEN saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 05, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 50 instances where the indicator turned negative. In of the 50 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 06, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DFEN as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

DFEN moved below its 50-day moving average on December 05, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for DFEN crossed bearishly below the 50-day moving average on December 11, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 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 17, 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.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where DFEN's RSI Oscillator exited the oversold zone, of 16 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DFEN advanced for three days, in of 318 cases, the price rose further within the following month. The odds of a continued upward trend are .

DFEN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call 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 28.02B. The market cap for tickers in the group ranges from 189.71M to 156.29B. RTX holds the highest valuation in this group at 156.29B. The lowest valued company is SPCE at 189.71M.

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 22%. For the same ETF, the average monthly price growth was 105%, and the average quarterly price growth was 364%. ACHR experienced the highest price growth at 18%, while AIR experienced the biggest fall at -6%.

Volume

The average weekly volume growth across all stocks in the Direxion Dly Aerospace&Def Bl 3X ShsETF ETF was 33%. For the same stocks of the ETF, the average monthly volume growth was -3% and the average quarterly volume growth was 79%

Fundamental Analysis Ratings

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

Valuation Rating: 51
P/E Growth Rating: 53
Price Growth Rating: 49
SMR Rating: 66
Profit Risk Rating: 59
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/