HIBS Direxion Daily S&P 500® Hi Bt Br 3X ETF Forecast, Technical & Fundamental Analysis

HIBS in -11.18% downward trend, sliding for three consecutive days on January 06, 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 HIBS declined for three days, in of 315 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where HIBS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on HIBS 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 .

HIBS moved above its 50-day moving average on January 08, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for HIBS crossed bullishly above the 50-day moving average on December 30, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 HIBS advanced for three days, in of 274 cases, the price rose further within the following month. The odds of a continued upward trend are .