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4.415
1.85%
0.08
Direxion Daily Oil Services Bull 2 X Shares Stock (ONG) Forecast
The Direxion Daily Oil Services Bull 2 X Shares (ONG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $3.7123, representing a -15.92% decrease from the current price of $4.415. The highest analyst price target is $5.9223, and the lowest is $1.5023.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month ONG Price Target
Average 17.66
(+300.08% Upside)
Is Direxion Daily Oil Services Bull 2 X Shares (ONG) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 46.34 | Neutral |
| STOCH(9,6) | 38.74 | Neutral |
| STOCHRSI(14) | 6.2407 | Buy |
| MACD(12,26) | 0.036 | Buy |
| ADX(14) | 20.64 | Neutral |
| William %R | -73.64 | Neutral |
| CCI(14) | -51.99 | Neutral |
Buy: 2
Sell: 0
Neutral: 5
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
4.9175
Sell
|
4.6891
Sell
|
| MA20 |
4.4826
Sell
|
4.6266
Sell
|
| MA50 |
4.564
Sell
|
5.332
Sell
|
| MA100 |
6.4981
Sell
|
0.00
Buy
|
| MA200 |
3.249
Buy
|
0.00
Buy
|
Buy: 3
Sell: 7
Neutral: 0
Summary: Sell
According to our latest analysis, ONG could be considered a Moderate Sell, with 17 technical analysis indicators signaling 5 Buy signals, 7 signaling Sell signals and 5 Neutral signals. This might not be a good time to consider opening new positions on ONG, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 46.34 indicates that ONG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 38.74 indicates that ONG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 6.2407 indicates that ONG is oversold. This suggests that ONG price is at or near the lowest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 20.64 suggests that there may be some movement in price, but it lacks strength or conviction.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -51.99 indicates that ONG is still oversold but not to an extreme extent.
Long-term ONG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Direxion Daily Oil Services Bull 2 X Shares financial reports and earnings history, Direxion Daily Oil Services Bull 2 X Shares (ONG) stock could reach $83.48 by 2030, $716.20 by 2040 and $866.60 by 2050. See the projected annual prices until 2050 of the Direxion Daily Oil Services Bull 2 X Shares stock below:
- Direxion Daily Oil Services Bull 2 X Shares (ONG) is expected to reach an average price of $299.04 in 2035, with a high prediction of $346.20 and a low estimate of $299.28. This indicates an $6,673% rise from the last recorded price of $4.415.
- Direxion Daily Oil Services Bull 2 X Shares (ONG) stock is projected to chart a bullish course in 2040, with an average price target of $659.62, representing an $14,840% surge from its current level. The forecast ranges from a conservative $104.50 to a sky-high $716.20.
- Our analysts predict Direxion Daily Oil Services Bull 2 X Shares (ONG) to jump 6,585% by 2045, soaring from $295.54 to an average price of $295.15, potentially reaching $412.47. While $295.54 is the low estimate, the potential upside is significant.
- Direxion Daily Oil Services Bull 2 X Shares (ONG) stock is expected to climb by 2050, reaching an average of $716.93, a $16,139% jump from its current level. However, a wide range of estimates exists, with high and low targets of $866.60 and $717.02, respectively, highlighting the market's uncertainty.
Direxion Daily Oil Services Bull 2 X Shares Stock (ONG) Year by Year Forecast
Direxion Daily Oil Services Bull 2 X Shares Stock (ONG) Price Forecast for 2026
The predicted value for Direxion Daily Oil Services Bull 2 X Shares (ONG) in 2026 is set at an average of $9.9612. Estimates vary from a peak of $18.42 to a trough of $1.5023, indicating an +125.62% surge from the present price of $4.415.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| November, 2026 | $3.0413 | $1.5023 | $5.9223 | -31.11% |
| December, 2026 | $15.33 | $10.69 | $8.9304 | +247.15% |
Direxion Daily Oil Services Bull 2 X Shares Stock (ONG) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Direxion Daily Oil Services Bull 2 X Shares (ONG) is $31.24, with a high forecast of $62.08 and a low forecast of $0.3969. This indicates an +607.55% increase from the last price of $4.415.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $12.21 | $12.75 | $13.60 | +176.54% |
| February, 2027 | $9.372 | $9.732 | $10.32 | +112.28% |
| March, 2027 | $5.7279 | $6.5229 | $8.5884 | +29.74% |
| April, 2027 | $1.1256 | $2.1356 | $5.0411 | -74.51% |
| May, 2027 | $34.12 | $0.3969 | $31.54 | +672.86% |
| June, 2027 | $22.89 | $23.18 | $27.35 | +418.52% |
| July, 2027 | $37.57 | $33.86 | $33.02 | +751.04% |
| August, 2027 | $29.07 | $29.15 | $34.93 | +558.38% |
| September, 2027 | $23.50 | $23.57 | $26.80 | +432.29% |
| October, 2027 | $15.99 | $16.79 | $21.62 | +262.19% |
| November, 2027 | $6.7875 | $6.9925 | $14.38 | +53.74% |
| December, 2027 | $63.74 | $5.1288 | $62.08 | +1,344% |
Direxion Daily Oil Services Bull 2 X Shares Stock (ONG) Price Forecast for 2028
In 2028, Direxion Daily Oil Services Bull 2 X Shares (ONG) is projected to reach an average price of $51.24, with a high projection of $92.62 and a low estimate of $9.8607. This indicates an +1,061% rise from the last price of $4.415.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $60.74 | $49.11 | $56.62 | +1,276% |
| February, 2028 | $56.34 | $57.03 | $57.11 | +1,176% |
| March, 2028 | $46.71 | $46.79 | $53.11 | +957.87% |
| April, 2028 | $37.45 | $37.52 | $43.52 | +748.26% |
| May, 2028 | $24.26 | $24.65 | $34.65 | +449.56% |
| June, 2028 | $12.44 | $12.65 | $20.67 | +181.79% |
| July, 2028 | $85.63 | $9.8607 | $92.62 | +1,840% |
| August, 2028 | $85.75 | $75.05 | $81.63 | +1,842% |
| September, 2028 | $77.67 | $78.90 | $81.20 | +1,659% |
| October, 2028 | $61.25 | $61.77 | $73.51 | +1,287% |
| November, 2028 | $47.92 | $48.06 | $57.40 | +985.48% |
| December, 2028 | $33.60 | $33.99 | $43.99 | +661.14% |
Direxion Daily Oil Services Bull 2 X Shares Stock (ONG) Price Forecast for 2029
The 2029 price forecast for Direxion Daily Oil Services Bull 2 X Shares Stock (ONG) is $84.15 on average, with a high prediction of $153.71 and a low estimate of $14.59. This represents an +1,806% increase from the previous price of $4.415.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $14.59 | $14.59 | $29.09 | +230.52% |
| February, 2029 | $114.33 | $117.71 | $123.17 | +2,490% |
| March, 2029 | $110.76 | $100.98 | $106.64 | +2,409% |
| April, 2029 | $95.01 | $95.25 | $105.29 | +2,052% |
| May, 2029 | $77.97 | $78.49 | $88.61 | +1,666% |
| June, 2029 | $60.95 | $61.09 | $73.19 | +1,281% |
| July, 2029 | $37.55 | $38.48 | $56.09 | +750.49% |
| August, 2029 | $19.32 | $19.32 | $32.95 | +337.70% |
| September, 2029 | $143.03 | $146.41 | $153.71 | +3,140% |
| October, 2029 | $130.98 | $126.91 | $132.97 | +2,867% |
| November, 2029 | $115.41 | $115.65 | $123.21 | +2,514% |
| December, 2029 | $89.43 | $90.10 | $108.09 | +1,926% |
Direxion Daily Oil Services Bull 2 X Shares Stock (ONG) Price Forecast for 2030
Direxion Daily Oil Services Bull 2 X Shares Stock (ONG) is expected to reach an average price of $119.43 in 2030, with a high forecast of $214.80 and a low forecast of $24.06. This signifies an +2,605% surge from the last price of $4.415.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $68.29 | $68.37 | $83.48 | +1,447% |
| February, 2030 | $45.97 | $46.90 | $62.65 | +941.18% |
| March, 2030 | $24.06 | $24.06 | $40.44 | +444.88% |
| April, 2030 | $165.16 | $165.16 | $184.25 | +3,641% |
| May, 2030 | $155.07 | $152.85 | $156.67 | +3,412% |
| June, 2030 | $135.82 | $136.06 | $146.38 | +2,976% |
| July, 2030 | $105.23 | $105.90 | $127.57 | +2,283% |
| August, 2030 | $80.40 | $80.48 | $98.35 | +1,721% |
| September, 2030 | $47.98 | $48.30 | $73.83 | +986.79% |
| October, 2030 | $215.92 | $28.79 | $212.76 | +4,791% |
| November, 2030 | $192.94 | $192.94 | $214.80 | +4,270% |
| December, 2030 | $170.95 | $172.87 | $182.97 | +3,772% |
0.20%
0.02%
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