HIBS Stock Direxion Daily S&P 500® Hi Bt Br 3X ETF (HIBS, $24.57) entered Downtrend as Momentum indicator drops below 0 level on May 14, 2024

A.I.dvisor
at Tickeron.com
05/15/24
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HIBS - Direxion Daily S&P 500® Hi Bt Br 3X ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $24.57
Daily change: -$0.81 (-3.19%)
Daily volume: 141.2K
Net Assets: $35M
This indicator may be signaling that HIBS'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 75 similar cases where HIBS's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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HIBSDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category Trading

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