TPOR Direxion Dly Transp Bull 3X Shrs ETF Forecast, Technical & Fundamental Analysis

TPOR's RSI Oscillator leaves overbought zone

The 10-day RSI Indicator for TPOR moved out of overbought territory on January 28, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 instances where the indicator moved out of the overbought zone. In of the 38 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TPOR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

TPOR broke above its upper Bollinger Band on January 21, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on TPOR 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 TPOR just turned positive on January 06, 2025. Looking at past instances where TPOR's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

TPOR moved above its 50-day moving average on January 23, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for TPOR crossed bullishly above the 50-day moving average on January 28, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 3-day Advance, the price is estimated to grow further. Considering data from situations where TPOR advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 295 cases where TPOR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .