Technical Analysis for GUSH - Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares

Grade Last Price % Change Price Change
C 39.78 4.00% 1.53
GUSH closed up 1.59 percent on Friday, May 3, 2024, on 86 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
5 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Oversold Stochastic Weakness 4.00%
MACD Bearish Centerline Cross Bearish 5.66%
Lower Bollinger Band Walk Weakness 5.66%
Stochastic Reached Oversold Weakness 5.66%
Inside Day Range Contraction 5.66%
Gapped Up Strength 5.66%
Lower Bollinger Band Touch Weakness 5.66%
Oversold Stochastic Weakness 5.66%
Fell Below 50 DMA Bearish 6.99%
Below Lower BB Weakness 6.99%

   Recent Intraday Alerts

Alert Time
Up 1 ATR about 1 hour ago
60 Minute Opening Range Breakout about 1 hour ago
2x Volume Pace about 2 hours ago
1.5x Volume Pace about 2 hours ago
Up 3% about 2 hours ago

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Profile

The investment seeks daily investment results, of 300% of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: swap agreements; options on securities and indices; reverse repurchase agreements; ETFs; and other financial instruments. It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Betashares Leveraged ETF Ultra ETF Repurchase Agreement Gas Exploration Oil And Gas Exploration

Top 10 Components

Symbol Grade Price % Change Allocation
AR A 3.44 1.46
EOG B 1.35 1.31
PXD B 0.00 1.31
COP C 2.07 1.31
DVN B 1.56 1.30
CHRD B 1.94 1.29
HES B 1.13 1.29
FANG B 1.85 1.28
XOM B 1.31 1.28
CNX B 2.96 1.28

Is GUSH 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 44.9893
52 Week Low 24.7019
Average Volume 659,959
200-Day Moving Average 35.75
50-Day Moving Average 38.77
20-Day Moving Average 40.94
10-Day Moving Average 40.13
Average True Range 1.62
RSI (14) 42.20
ADX 29.22
+DI 14.68
-DI 27.22
Chandelier Exit (Long, 3 ATRs) 40.14
Chandelier Exit (Short, 3 ATRs) 41.31
Upper Bollinger Bands 44.90
Lower Bollinger Band 36.97
Percent B (%b) 0.16
BandWidth 19.36
MACD Line -0.20
MACD Signal Line 0.43
MACD Histogram -0.6292
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 39.95
Resistance 3 (R3) 39.82 39.14 39.66
Resistance 2 (R2) 39.14 38.71 39.20 39.57
Resistance 1 (R1) 38.69 38.44 38.92 38.82 39.47
Pivot Point 38.01 38.01 38.12 38.07 38.01
Support 1 (S1) 37.56 37.58 37.79 37.69 37.03
Support 2 (S2) 36.88 37.31 36.94 36.93
Support 3 (S3) 36.43 36.88 36.84
Support 4 (S4) 36.56