NAIL Direxion Daily Hmbldrs&Supls Bull 3X ETF Forecast, Technical & Fundamental Analysis
NAIL's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for NAIL turned positive on January 08, 2025. Looking at past instances where NAIL's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The 50-day moving average for NAIL moved below the 200-day moving average on December 31, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NAIL 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 NAIL entered a downward trend on January 08, 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.
General Information
Category Trading
NAIL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, NAIL has been loosely correlated with SSO. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if NAIL jumps, then SSO could also see price increases.
| Ticker / NAME | Correlation To NAIL | 1D Price Change % | ||
|---|---|---|---|---|
| NAIL | 100% | +0.99% | ||
| SSO - NAIL | 61% Loosely correlated | +1.90% | ||
| SPXL - NAIL | 60% Loosely correlated | +2.79% | ||
| FEDL - NAIL | 52% Loosely correlated | N/A | ||
| QULL - NAIL | 51% Loosely correlated | N/A | ||
| TQQQ - NAIL | 48% Loosely correlated | +4.93% | ||
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