Technical Analysis for WEBL - Direxion Daily Dow Jones Internet Bull 3X Shares
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 18.17 | 4.37% | 0.76 |
WEBL closed up 4.37 percent on Monday, May 6, 2024, on 73 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. 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.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Flat | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 50 DMA | Bullish | 0.00% | |
| Stochastic Reached Overbought | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Up 4 Days in a Row | Strength | 0.00% | |
| Crossed Above 20 DMA | Bullish | 4.37% | |
| Gapped Up | Strength | 4.37% | |
| Up 3 Days in a Row | Strength | 4.37% | |
| MACD Bullish Signal Line Cross | Bullish | 5.76% |
| Alert | Time |
|---|---|
| 50 DMA Resistance | about 4 hours ago |
| Possible NR7 | about 6 hours ago |
| Up 3% | about 7 hours ago |
| 60 Minute Opening Range Breakout | about 9 hours ago |
| Rose Above Previous Day's High | about 10 hours ago |
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The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones Internet Composite Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.
Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Internet Composite Index
Classification
Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Internet Composite Index
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 19.97 |
| 52 Week Low | 7.5499 |
| Average Volume | 633,450 |
| 200-Day Moving Average | 14.07 |
| 50-Day Moving Average | 18.09 |
| 20-Day Moving Average | 17.21 |
| 10-Day Moving Average | 16.92 |
| Average True Range | 1.01 |
| RSI (14) | 54.95 |
| ADX | 14.35 |
| +DI | 26.47 |
| -DI | 24.19 |
| Chandelier Exit (Long, 3 ATRs) | 16.72 |
| Chandelier Exit (Short, 3 ATRs) | 17.86 |
| Upper Bollinger Bands | 19.44 |
| Lower Bollinger Band | 14.98 |
| Percent B (%b) | 0.71 |
| BandWidth | 25.92 |
| MACD Line | -0.28 |
| MACD Signal Line | -0.43 |
| MACD Histogram | 0.1576 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 19.13 | ||||
| Resistance 3 (R3) | 19.04 | 18.62 | 18.97 | ||
| Resistance 2 (R2) | 18.62 | 18.38 | 18.67 | 18.92 | |
| Resistance 1 (R1) | 18.40 | 18.23 | 18.51 | 18.49 | 18.86 |
| Pivot Point | 17.98 | 17.98 | 18.04 | 18.03 | 17.98 |
| Support 1 (S1) | 17.76 | 17.74 | 17.87 | 17.85 | 17.48 |
| Support 2 (S2) | 17.34 | 17.59 | 17.39 | 17.42 | |
| Support 3 (S3) | 17.12 | 17.34 | 17.37 | ||
| Support 4 (S4) | 17.21 |
