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WFH
ETF ticker: NYSE ARCA
AS OF
Dec 18, 02:33 PM (EDT)
Price
$67.20
Change
-$0.35 (-0.52%)
Net Assets
27.35M

WFH stock forecast, quote, news & analysis

Category: @Technology
WFH
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for WFH with price predictions
Dec 17, 2024

Aroon Indicator for WFH shows an upward move is likely

WFH's Aroon Indicator triggered a bullish signal on December 12, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 235 similar instances where the Aroon Indicator showed a similar pattern. In of the 235 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WFH advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for WFH moved out of overbought territory on December 10, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Moving Average Convergence Divergence Histogram (MACD) for WFH turned negative on December 17, 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 46 similar instances when the indicator turned negative. In of the 46 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 WFH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

WFH broke above its upper Bollinger Band on December 04, 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), International Business Machines Corp (NYSE:IBM), Cisco Systems (NASDAQ:CSCO).

Industry description

The investment seeks investment results, before fees and expenses, that track the Solactive Remote Work Index (the “index”). The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. The index is comprised of 40 companies that provide products and services in one of the following industries that facilitate the ability of people to work from home: remote communications, cyber security, online project and document management, and cloud computing technologies (“WFH Industries”). The fund is non-diversified.

Market Cap

The average market capitalization across the Direxion Work From Home ETF ETF is 305.33B. The market cap for tickers in the group ranges from 330.77M to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is EGHT at 330.77M.

High and low price notable news

The average weekly price growth across all stocks in the Direxion Work From Home ETF ETF was 22%. For the same ETF, the average monthly price growth was 35%, and the average quarterly price growth was 76%. AVGO experienced the highest price growth at 40%, while ADBE experienced the biggest fall at -17%.

Volume

The average weekly volume growth across all stocks in the Direxion Work From Home ETF ETF was 35%. For the same stocks of the ETF, the average monthly volume growth was 5% and the average quarterly volume growth was 6%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 65
P/E Growth Rating: 59
Price Growth Rating: 36
SMR Rating: 63
Profit Risk Rating: 51
Seasonality Score: 20 (-100 ... +100)
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WFH
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/