Technical Analysis for EDC - Direxion Emerging Markets Bull 3X Shares

Grade Last Price % Change Price Change
B 32.87 0.05% 0.02
EDC closed up 2.82 percent on Friday, May 3, 2024, on 1.14 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.05%
Stochastic Reached Overbought Strength 0.05%
Gapped Up Strength 0.05%
Overbought Stochastic Strength 0.05%
Up 3 Days in a Row Strength 0.05%
MACD Bullish Centerline Cross Bullish 2.87%
180 Bullish Setup Bullish Swing Setup 2.87%
Expansion Pivot Buy Setup Bullish Swing Setup 2.87%
Pocket Pivot Bullish Swing Setup 2.87%
Gapped Up Strength 2.87%

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Emerging Markets IndexSM. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the MSCI Emerging Markets IndexSM ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds MSCI EAFE Leveraged ETF Ultra ETF Emerging Market Msci Emerging Markets Index

Top 10 Components

Symbol Grade Price % Change Allocation
EEMA A 0.00 15.12

Is EDC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 34.8047
52 Week Low 21.5985
Average Volume 70,514
200-Day Moving Average 27.70
50-Day Moving Average 29.77
20-Day Moving Average 29.52
10-Day Moving Average 29.97
Average True Range 1.05
RSI (14) 65.99
ADX 14.99
+DI 42.38
-DI 23.26
Chandelier Exit (Long, 3 ATRs) 29.74
Chandelier Exit (Short, 3 ATRs) 29.97
Upper Bollinger Bands 32.92
Lower Bollinger Band 26.11
Percent B (%b) 0.99
BandWidth 23.07
MACD Line 0.43
MACD Signal Line 0.00
MACD Histogram 0.4286
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.90
Resistance 3 (R3) 33.79 33.34 33.73
Resistance 2 (R2) 33.34 33.07 33.39 33.67
Resistance 1 (R1) 33.09 32.90 33.22 33.20 33.61
Pivot Point 32.64 32.64 32.70 32.69 32.64
Support 1 (S1) 32.39 32.37 32.52 32.50 32.09
Support 2 (S2) 31.94 32.20 31.99 32.03
Support 3 (S3) 31.69 31.94 31.98
Support 4 (S4) 31.80