EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares Forecast, Technical & Fundamental Analysis

Momentum Indicator for EVAV turns positive, indicating new upward trend

EVAV saw its Momentum Indicator move above the 0 level on November 05, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 60 similar instances where the indicator turned positive. In of the 60 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

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

The Aroon Indicator entered an Uptrend today. In of 106 cases where EVAV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 39 cases where EVAV's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

EVAV moved below its 50-day moving average on October 22, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for EVAV crossed bearishly below the 50-day moving average on October 29, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 6 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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