NAIL Stock Direxion Daily Hmbldrs&Supls Bull 3X ETF (NAIL, $130.84) Stochastic Oscillator left the overbought zone on November 12, 2024

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NAIL - Direxion Daily Hmbldrs&Supls Bull 3X ETF

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Odds of DOWN Trend

Price: $130.84

Daily change: -$11.57 (-8.12%)

Daily volume: 497.8K

Net Assets: $384.5M

NAIL sees MACD Histogram just turned negative

NAIL saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 12, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 47 instances where the indicator turned negative. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where NAIL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

NAIL moved below its 50-day moving average on October 22, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for NAIL crossed bearishly below the 50-day moving average on October 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 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 .

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 .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 08, 2024. You may want to consider a long position or call options on NAIL as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 NAIL advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .

NAIL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.