JDST Stock Direxion Daily Jr Gld Mnrs Bear 2X ETF (JDST, $20.03) Aroon Indicator entered a Downtrend on February 20, 2025.
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JDST in downward trend: 10-day moving average broke below 50-day moving average on January 21, 2025
The 10-day moving average for JDST crossed bearishly below the 50-day moving average on January 21, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where JDST 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 JDST entered a downward trend on February 21, 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where JDST's RSI Oscillator exited the oversold zone, of 28 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 65 cases where JDST'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 February 21, 2025. You may want to consider a long position or call options on JDST as a result. In of 87 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 JDST just turned positive on February 19, 2025. Looking at past instances where JDST's MACD turned positive, the stock continued to rise in of 51 cases 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 JDST advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
JDST may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Trading