GGLS Direxion Daily GOOGL Bear 1X ETF Forecast, Technical & Fundamental Analysis

GGLS in +3.18% Uptrend, growing for three consecutive days on June 03, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where GGLS advanced for three days, in of 141 cases, the price rose further within 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 June 05, 2025. You may want to consider a long position or call options on GGLS as a result. In of 48 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for GGLS just turned positive on June 04, 2025. Looking at past instances where GGLS's MACD turned positive, the stock continued to rise in of 26 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

GGLS moved below its 50-day moving average on May 12, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for GGLS crossed bearishly below the 50-day moving average on May 06, 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GGLS 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 GGLS entered a downward trend on May 28, 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.