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DPST Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top DPST on February 12, 2025, netting in a 5.37% gain over 2 weeks

A.I.dvisor
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+5.37% Gain from a Successful pattern Head-and-Shoulders Top
DPST - Direxion Daily Regional Bnks Bull 3X ETF
Tickeron
Ticker: DPST
Company: Direxion Daily Regional Bnks Bull 3X ETF
Gain from shortening: +5.37%
Confirmed: 02/12/25
Succeeded: 02/20/25
Total length: 16 days
On February 04, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Direxion Daily Regional Bnks Bull 3X ETF (DPST, $127.50). 8 days later, on February 12, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 20, 2025, the stock hit the target price of $112.26 – resulting in a gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for DPST turns negative, indicating new downward trend

DPST saw its Momentum Indicator move below the 0 level on February 19, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 88 similar instances where the indicator turned negative. In of the 88 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for DPST turned negative on February 13, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

DPST moved below its 50-day moving average on February 20, 2025 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 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 .

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The 10-day moving average for DPST crossed bullishly above the 50-day moving average on February 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 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 3-day Advance, the price is estimated to grow further. Considering data from situations where DPST advanced for three days, in of 292 cases, the price rose further within the following month. The odds of a continued upward trend are .

DPST may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 225 cases where DPST Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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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/