GDXD Stock MicroSectors™ Gold Mns 3X Inv Lvrgd ETN (GDXD, $14.8) Moving Average Convergence Divergence (MACD) Histogram turned positive on December 17, 2024

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GDXD - MicroSectors™ Gold Mns 3X Inv Lvrgd ETN

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Odds of UP Trend

Price: $14.8

Daily change: +$0.35 (+2.42%)

Daily volume: 558.3K

Net Assets: $58M

Momentum Indicator for GDXD turns positive, indicating new upward trend

GDXD saw its Momentum Indicator move above the 0 level on December 17, 2024. 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 65 similar instances where the indicator turned positive. In of the 65 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 GDXD just turned positive on December 17, 2024. Looking at past instances where GDXD'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 .

GDXD moved above its 50-day moving average on December 12, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for GDXD 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 11 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 GDXD advanced for three days, in of 253 cases, the price rose further within the following month. The odds of a continued upward trend are .

GDXD 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 10-day RSI Indicator for GDXD moved out of overbought territory on November 18, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 similar instances where the indicator moved out of overbought territory. In of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

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 GDXD 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 GDXD entered a downward trend on December 17, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.