GGLS Stock Direxion Daily GOOGL Bear 1X ETF (GGLS, $10.29) Aroon Indicator entered a Downtrend on August 29, 2025.
at Tickeron.com
GGLS sees MACD Histogram just turned negative
GGLS saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on August 28, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 30 instances where the indicator turned negative. In of the 30 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
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 August 29, 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.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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 GGLS advanced for three days, in of 152 cases, the price rose further within the following month. The odds of a continued upward trend are .
GGLS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Advertisement
General Information
Category Trading