GGLL Stock Tickeron detected bearish ETF Pattern: Broadening Top GGLL on February 04, 2025, netting in a 14.09% gain over 3 weeks

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GGLL - Direxion Daily GOOGL Bull 2X Shares

Ticker: GGLL

Company: Direxion Daily GOOGL Bull 2X Shares

Gain from shortening: +14.09%

Confirmed: 02/04/25

Succeeded: 02/11/25

Total length: 21 days

GGLL in -2.59% downward trend, falling for three consecutive days on February 18, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where GGLL declined for three days, in of 130 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 05, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GGLL as a result. In of 42 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for GGLL turned negative on February 05, 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 22 similar instances when the indicator turned negative. In of the 22 cases the stock turned lower in the days that followed. This puts the odds of success at .

GGLL moved below its 50-day moving average on February 06, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for GGLL crossed bearishly below the 50-day moving average on February 13, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 9 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GGLL advanced for three days, in of 172 cases, the price rose further within the following month. The odds of a continued upward trend are .

GGLL 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 118 cases where GGLL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .