BABX GraniteShares 2x Long BABA Daily ETF Forecast, Technical & Fundamental Analysis

BABX sees MACD Histogram just turned negative

BABX saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on July 02, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 20 instances where the indicator turned negative. In of the 20 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 18, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BABX as a result. In of 39 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

BABX moved below its 50-day moving average on June 11, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BABX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BABX advanced for three days, in of 135 cases, the price rose further within the following month. The odds of a continued upward trend are .

BABX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.