MEXX Stock Direxion Dly MSCI Mexico Bull 3X ShsETF (MEXX, $15.08) Aroon Indicator entered an Uptrend on May 08, 2025.
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Momentum Indicator for MEXX turns positive, indicating new upward trend
MEXX saw its Momentum Indicator move above the 0 level on April 21, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 83 similar instances where the indicator turned positive. In of the 83 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for MEXX just turned positive on April 16, 2025. Looking at past instances where MEXX's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
MEXX moved above its 50-day moving average on April 16, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for MEXX crossed bullishly above the 50-day moving average on April 23, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where MEXX advanced for three days, in of 358 cases, the price rose further within the following month. The odds of a continued upward trend are .
MEXX 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 247 cases where MEXX 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 MEXX moved out of overbought territory on April 29, 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 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
General Information
Category Trading