DPST Stock Direxion Daily Regional Bnks Bull 3X ETF (DPST, $150.1) RSI Indicator left the overbought zone on November 12, 2024

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DPST - Direxion Daily Regional Bnks Bull 3X ETF

RSI signal

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Odds of DOWN Trend

Price: $150.1

Daily change: -$2.58 (-1.69%)

Daily volume: 819.6K

Net Assets: $926.3M

DPST's RSI Oscillator peaks and leaves overbought zone

The 10-day RSI Indicator for DPST 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 28 instances where the indicator moved out of the overbought zone. In of the 28 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 6 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 DPST declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

DPST broke above its upper Bollinger Band on November 06, 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 04, 2024. You may want to consider a long position or call options on DPST 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 DPST just turned positive on November 06, 2024. Looking at past instances where DPST's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for DPST crossed bullishly above the 50-day moving average on October 10, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 DPST advanced for three days, in of 293 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 215 cases where DPST Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .