EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares Forecast, Technical & Fundamental Analysis
EVAV in upward trend: price rose above 50-day moving average on January 02, 2026
EVAV moved above its 50-day moving average on January 02, 2026 date and that indicates a change from a downward trend to an upward trend. In of 24 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The 10-day moving average for EVAV crossed bullishly above the 50-day moving average on January 02, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
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General Information
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EVAV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EVAV has been loosely correlated with QULL. These tickers have moved in lockstep 41% of the time. This A.I.-generated data suggests there is some statistical probability that if EVAV jumps, then QULL could also see price increases.
| Ticker / NAME | Correlation To EVAV | 1D Price Change % | ||
|---|---|---|---|---|
| EVAV | 100% | N/A | ||
| QULL - EVAV | 41% Loosely correlated | N/A | ||
| TQQQ - EVAV | 38% Loosely correlated | +2.04% | ||
| IFED - EVAV | 36% Loosely correlated | N/A | ||
| SPXL - EVAV | 31% Poorly correlated | +1.46% | ||
| NVDL - EVAV | 31% Poorly correlated | -5.96% | ||
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