Bullish vs. Bearish (401 opinions)
Social Sentiment 0.01
JDST Stock Forecast and Technical Analysis
Sell candidate since 2020-03-17 Loss -42.95% PDF
Direxion Daily Jr Gld Mnrs Bear 3X ETF gained 6.69% in the last trading day ( Tuesday, 31st Mar 2020 ), rising from $2.54 to $2.71 , and has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 15.55% from a day low at $2.38 to a day high of $2.75. The price has risen in 6 of the last 10 days , but is still down by -42.95% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.03 million more shares were traded than the day before. In total, 39.27 million shares bought and sold for approximately $106.44 million.
JDST Stock Price Summary
- 30 day high of the JDST stock price was $42.50 and low was $1.50.
- 90 day high was $42.50 and low was $1.50.
- 52 week high for Direxion Daily Jr Gld Mnrs Bear 3X ETF - $55.86 and low - $1.50.
Direxion Daily Jr Gld Mnrs Bear 3X ETF lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. A break down the bottom trend line at $1.53 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -9.00% during the next 3 months and, with 90% probability hold a price between $1.40 and $30.35 at the end of this period.
A buy signal was issued from a pivot bottom point on Wednesday March 25, 2020, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Direxion Daily Jr Gld Mnrs Bear 3X ETF holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $9.30. On a fall, the stock will find some support from the short-term average at $2.63. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
JDST Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 39 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
JDST Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $2.54 and $2.37.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Direxion Daily Jr Gld Mnrs Bear 3X ETF finds support just below today's level at $2.54. If this is broken, then the next support from accumulated volume will be at $2.37 and $2.20.
JDST Stock Risk
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.37 between high and low, or 15.55%. For the last week, the stock has had a daily average volatility of 32.43%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
32.43 %Average volatility
Very Low Low Medium High Very High
JDST Stock Evaluation
Direxion Daily Jr Gld Mnrs Bear 3X ETF holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 401 votes on StockTwits.
Live Stock Chat Need an answer NOW?
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.