Direxion Dailly Pltr Bear 1 X Etf (PLTD)

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Direxion Dailly Pltr Bear 1 X Etf Stock (PLTD) Forecast

The Direxion Dailly Pltr Bear 1 X Etf (PLTD) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $5.32. The highest analyst price target is $0.00, and the lowest is $0.00.

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 PLTD Price Target

Average 0.00 (-100.00% Downside)

Is Direxion Dailly Pltr Bear 1 X Etf (PLTD) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	43.77	Neutral
STOCH(9,6)	57.52	Neutral
STOCHRSI(14)	100.00	Sell
MACD(12,26)	-0.3715	Buy
ADX(14)	32.87	Sell
William %R	-23.81	Neutral
CCI(14)	66.95	Neutral

Buy: 1 Sell: 2 Neutral: 4

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	5.103 Buy	5.1953 Buy
MA20	5.1745 Buy	5.4019 Sell
MA50	6.5754 Sell	6.2109 Sell
MA100	7.2294 Sell	6.8139 Sell
MA200	7.2633 Sell	7.3006 Sell

Buy: 3 Sell: 7 Neutral: 0

Summary: Sell

According to our latest analysis, PLTD could be considered a Strong Sell, with 17 technical analysis indicators signaling 4 Buy signals, 9 signaling Sell signals and 4 Neutral signals. This might not be a good time to consider opening new positions on PLTD, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 43.77 indicates that PLTD is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 57.52 indicates that PLTD 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 100 indicates that PLTD is oversold. This suggests that PLTD price is at or near the highest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 32.87 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 66.95 indicates that PLTD is still overbought but not to an extreme extent.