ERY Stock Direxion Daily Energy Bear 2X ETF (ERY, $24.92) price moved above its 50-day Moving Average on June 04, 2025

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ERY - Direxion Daily Energy Bear 2X ETF

Moving Avg. signal

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Odds of UP Trend

Price: $24.92

Daily change: +$0.95 (+3.96%)

Daily volume: 502.5K

Net Assets: $17.8M

ERY's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for ERY turned positive on May 22, 2025. Looking at past instances where ERY's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 23, 2025. You may want to consider a long position or call options on ERY as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

ERY moved above its 50-day moving average on June 04, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ERY crossed bullishly above the 50-day moving average on May 30, 2025. 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 3-day Advance, the price is estimated to grow further. Considering data from situations where ERY advanced for three days, in of 275 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where ERY's Stochastic Oscillator exited the overbought zone, the price fell further within 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 ERY 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 ERY entered a downward trend on May 22, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.