Direxion Work From Home ETF (WFH, $52.38) entered Downtrend as Momentum indicator drops below 0 level on Apr 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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WFH - Direxion Work From Home ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $52.38
Daily change: -$1.31 (-2.44%)
Daily volume: 2.2K
Net Assets: $26.2M
This indicator may be signaling that WFH's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 70 similar cases where WFH's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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WFHDaily Signal changed days agoGain/Loss if shorted
 
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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/