TYD Direxion Daily 7-10 Yr Trs Bull 3X ETF Forecast, Technical & Fundamental Analysis
TYD's RSI Oscillator climbs out of oversold territory
The RSI Oscillator for TYD moved out of oversold territory on January 08, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 48 similar instances when the indicator left oversold territory. In of the 48 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TYD advanced for three days, in of 283 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TYD 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 TYD 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
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JLCFX | 72.57 | 0.69 | +0.96% |
| JHancock Fundamental Large Cap Core R4 | |||
| MKGCX | 27.01 | 0.20 | +0.75% |
| BlackRock Advantage Global K | |||
| GUSYX | 21.14 | 0.12 | +0.57% |
| Grandeur Peak US Stalwarts Institutional | |||
| NSFEX | 10.66 | 0.03 | +0.28% |
| Natixis Target Retirement 2025 N | |||
| TMDPX | 16.37 | N/A | N/A |
| AMG TimesSquare Mid Cap Growth N | |||
TYD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TYD has been closely correlated with TMF. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if TYD jumps, then TMF could also see price increases.