Technical Analysis for BERZ - MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | Down | Down | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Wide Bands | Range Expansion | 0.00% | |
Outside Day | Range Expansion | 2.11% | |
Wide Bands | Range Expansion | 2.11% | |
Gapped Up | Strength | 2.11% | |
MACD Bullish Signal Line Cross | Bullish | -0.34% | |
Wide Bands | Range Expansion | -0.34% | |
Gapped Down | Weakness | -0.34% | |
Non-ADX 1,2,3,4 Bearish | Bearish Swing Setup | -4.04% | |
Wide Bands | Range Expansion | -4.04% | |
Gapped Up | Strength | -4.04% |
Alert | Time |
---|---|
Rose Above Previous Day's High | about 20 hours ago |
Up 5% | about 20 hours ago |
Up 3% | about 20 hours ago |
Up 2% | about 20 hours ago |
Up 1% | about 20 hours ago |
Free Daily (Stock) Chart Reading
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Description
BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.
Classification
Keywords: Direxion
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 52.599 |
52 Week Low | 13.23 |
Average Volume | 107,368 |
200-Day Moving Average | 22.73 |
50-Day Moving Average | 16.83 |
20-Day Moving Average | 15.21 |
10-Day Moving Average | 14.01 |
Average True Range | 0.83 |
RSI (14) | 42.86 |
ADX | 19.04 |
+DI | 22.21 |
-DI | 28.89 |
Chandelier Exit (Long, 3 ATRs) | 15.65 |
Chandelier Exit (Short, 3 ATRs) | 15.73 |
Upper Bollinger Bands | 18.03 |
Lower Bollinger Band | 12.38 |
Percent B (%b) | 0.37 |
BandWidth | 37.16 |
MACD Line | -0.84 |
MACD Signal Line | -0.90 |
MACD Histogram | 0.0613 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 15.57 | ||||
Resistance 3 (R3) | 15.60 | 15.26 | 15.39 | ||
Resistance 2 (R2) | 15.26 | 14.99 | 15.25 | 15.33 | |
Resistance 1 (R1) | 14.88 | 14.82 | 15.07 | 14.85 | 15.27 |
Pivot Point | 14.54 | 14.54 | 14.64 | 14.53 | 14.54 |
Support 1 (S1) | 14.16 | 14.27 | 14.35 | 14.13 | 13.71 |
Support 2 (S2) | 13.82 | 14.10 | 13.81 | 13.65 | |
Support 3 (S3) | 13.44 | 13.82 | 13.59 | ||
Support 4 (S4) | 13.41 |