WXET Teucrium 2x Daily Wheat ETF Forecast, Technical & Fundamental Analysis

WXET in downward trend: price dove below 50-day moving average on June 24, 2025

WXET moved below its 50-day moving average on June 24, 2025 date and that indicates a change from an upward trend to a downward trend. In of 1 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

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

WXET broke above its upper Bollinger Band on June 18, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 5 cases where WXET's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on July 11, 2025. You may want to consider a long position or call options on WXET as a result. In of 5 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for WXET just turned positive on July 16, 2025. Looking at past instances where WXET's MACD turned positive, the stock continued to rise in of 3 cases over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 8 cases where WXET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .