HIBS Stock Direxion Daily S&P 500® Hi Bt Br 3X ETF (HIBS, $17.35) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 7, 2024

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HIBS - Direxion Daily S&P 500® Hi Bt Br 3X ETF

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Odds of DOWN Trend

Price: $17.35

Daily change: -$0.63 (-3.5%)

Daily volume: 143.8K

Momentum Indicator for HIBS turns negative, indicating new downward trend

HIBS saw its Momentum Indicator move below the 0 level on November 06, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 82 similar instances where the indicator turned negative. In of the 82 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HIBS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HIBS broke above its upper Bollinger Band on October 31, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for HIBS entered a downward trend on October 24, 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.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where HIBS's RSI Oscillator exited the oversold zone, of 40 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 61 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 Moving Average Convergence Divergence (MACD) for HIBS just turned positive on November 15, 2024. Looking at past instances where HIBS's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

HIBS moved above its 50-day moving average on November 15, 2024 date and that indicates a change from a downward trend to an upward trend.

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 .