UBOT Stock Direxion Dly Rbtc AI Atmtn Bl 2X ETF (UBOT, $23.36) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 15, 2024

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UBOT - Direxion Dly Rbtc AI Atmtn Bl 2X ETF

MACD signal

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Odds of DOWN Trend

Price: $23.36

Daily change: -$0.7 (-2.89%)

Daily volume: 9.8K

Net Assets: $29.5M

UBOT's RSI Indicator leaves overbought zone

The 10-day RSI Oscillator for UBOT moved out of overbought territory on November 12, 2024. 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 42 instances where the indicator moved out of the overbought zone. In of the 42 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 Moving Average Convergence Divergence Histogram (MACD) for UBOT turned negative on November 15, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

UBOT broke above its upper Bollinger Band on November 05, 2024. 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.

The Aroon Indicator for UBOT entered a downward trend on October 29, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Momentum Indicator moved above the 0 level on November 05, 2024. You may want to consider a long position or call options on UBOT as a result. In of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

UBOT moved above its 50-day moving average on October 24, 2024 date and that indicates a change from a downward trend to an upward trend.

The 50-day moving average for UBOT moved above the 200-day moving average on November 12, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UBOT advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .