DFEN Stock Direxion Dly Aerospace&Def Bl 3X ShsETF (DFEN, $34.7) price exceeded its 50-day Moving Average on November 15, 2024

GET DAILY SIGNALS

Get AI intraday signals

DFEN - Direxion Dly Aerospace&Def Bl 3X ShsETF

Moving Avg. signal

View

Odds of DOWN Trend

Price: $34.7

Daily change: -$0.77 (-2.17%)

Daily volume: 331.4K

Net Assets: $211.1M

DFEN's RSI Indicator peaks and leaves overbought zone

The 10-day RSI Oscillator for DFEN moved out of overbought territory on November 12, 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 35 instances where the indicator moved out of the overbought zone. In of the 35 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 may be shifting from an upward trend to a downward trend. In of 62 cases where DFEN's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

DFEN moved below its 50-day moving average on November 15, 2024 date and that indicates a change from an upward trend to a downward trend.

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 .

DFEN broke above its upper Bollinger Band on November 08, 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 November 07, 2024. You may want to consider a long position or call options on DFEN as a result. In of 86 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 DFEN just turned positive on November 08, 2024. Looking at past instances where DFEN's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for DFEN crossed bullishly above the 50-day moving average on November 13, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a +1 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 .

The Aroon Indicator entered an Uptrend today. In of 223 cases where DFEN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .