LABU Stock Direxion Daily S&P Biotech Bull 3X ETF (LABU, $106.75) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 17, 2024

A.I.dvisor
at Tickeron.com
06/18/24
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LABU - Direxion Daily S&P Biotech Bull 3X ETF
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $106.75
Daily change: -$4.15 (-3.74%)
Daily volume: 1.6M
Net Assets: $1B
This is a Bearish indicator signaling LABU's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 42 similar cases where LABU's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/