Technical Analysis for BRZU - Direxion Daily Brazil Bull 3X Shares

Grade Last Price % Change Price Change
grade F 83.03 -1.91% -1.62
BRZU closed down 1.25 percent on Tuesday, August 11, 2020, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical BRZU trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish -1.91%
Bollinger Band Squeeze Range Contraction -1.91%
Stochastic Reached Oversold Weakness -1.91%
Inside Day Range Contraction -1.91%
Down 3 Days in a Row Weakness -1.91%
Oversold Stochastic Weakness -1.91%
50 DMA Support Bullish -3.14%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -3.14%
Bollinger Band Squeeze Range Contraction -3.14%
Outside Day Range Expansion -3.14%

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Brazil 25/50 Index. The fund, under normal circumstances, 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. The index is designed to measure the performance of the large and mid cap segments of the Brazil equity market, covering approximately 85% of the free float-adjusted market capitalization in Brazil. The fund is non-diversified.
Exchange Traded Fund ETF Leveraged ETF Ultra ETF

Is BRZU 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 1427.3
52 Week Low 35.35
Average Volume 430,008
200-Day Moving Average 535.00
50-Day Moving Average 85.49
20-Day Moving Average 91.49
10-Day Moving Average 90.61
Average True Range 5.30
ADX 14.63
+DI 20.34
-DI 28.01
Chandelier Exit (Long, 3 ATRs ) 85.01
Chandelier Exit (Short, 3 ATRs ) 94.04
Upper Bollinger Band 101.43
Lower Bollinger Band 81.55
Percent B (%b) 0.16
BandWidth 21.73
MACD Line 0.90
MACD Signal Line 2.52
MACD Histogram -1.6229
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 91.10
Resistance 3 (R3) 91.78 90.30 90.03
Resistance 2 (R2) 90.30 88.66 89.97 89.67
Resistance 1 (R1) 87.48 87.65 86.74 86.80 89.31
Pivot Point 86.00 86.00 85.64 85.67 86.00
Support 1 (S1) 83.18 84.36 82.44 82.50 79.99
Support 2 (S2) 81.70 83.35 81.37 79.63
Support 3 (S3) 78.88 81.70 79.28
Support 4 (S4) 78.20