INDL Stock Direxion Daily MSCI India Bull 2x ETF (INDL, $56.93) entered Uptrend as Momentum indicator ascends above 0 level on Apr 17, 2025
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INDL's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for INDL turned positive on April 16, 2025. Looking at past instances where INDL's MACD turned positive, the stock continued to rise in of 44 cases over 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 April 17, 2025. You may want to consider a long position or call options on INDL as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
INDL moved above its 50-day moving average on April 09, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for INDL crossed bullishly above the 50-day moving average on March 25, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 INDL advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
INDL 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 334 cases where INDL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for INDL moved out of overbought territory on April 23, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where INDL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Trading