DUSL Direxion Dly Industrials Bull 3X ShsETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for DUSL turns positive, indicating new upward trend
DUSL saw its Momentum Indicator move above the 0 level on November 02, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 82 similar instances where the indicator turned positive. In of the 82 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for DUSL just turned positive on November 02, 2023. Looking at past instances where DUSL's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
DUSL moved above its 50-day moving average on November 13, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for DUSL crossed bullishly above the 50-day moving average on November 16, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 DUSL advanced for three days, in of 345 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 286 cases where DUSL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DUSL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DUSL broke above its upper Bollinger Band on December 01, 2023. 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.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| LMVYX | 26.42 | 0.55 | +2.13% |
| Lord Abbett Focused Small Cap Value I | |||
| LRSCX | 13.92 | 0.28 | +2.05% |
| Lord Abbett Small Cap Value A | |||
| NSFOX | 9.51 | 0.10 | +1.06% |
| Natixis Sustainable Future 2065 N | |||
| INTIX | 10.55 | 0.10 | +0.96% |
| Voya International Index Port S | |||
| PCAPX | 65.16 | 0.43 | +0.66% |
| Principal Capital Appreciation R4 | |||
DUSL and
Correlation & Price change
A.I.dvisor indicates that over the last year, DUSL has been closely correlated with SSO. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if DUSL jumps, then SSO could also see price increases.
| Ticker / NAME | Correlation To DUSL | 1D Price Change % | ||
|---|---|---|---|---|
| DUSL | 100% | +4.84% | ||
| SSO - DUSL | 83% Closely correlated | +1.15% | ||
| SPXL - DUSL | 83% Closely correlated | +1.66% | ||
| TQQQ - DUSL | 64% Loosely correlated | +0.84% | ||
| QLD - DUSL | 64% Loosely correlated | +0.58% | ||
| SOXL - DUSL | 60% Loosely correlated | +1.14% |