Technical Analysis for DFEN - Direxion Daily Aerospace & Defense Bull 3X Shares

Grade Last Price % Change Price Change
C 18.0 3.45% 0.60
DFEN closed up 3.45 percent on Friday, March 5, 2021, on 1.57 times normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Calm After Storm Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
BB Squeeze + Lower Band Touch Range Contraction 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Fell Below 20 DMA Bearish 3.45%
50 DMA Support Bullish 3.45%
Older End-of-Day Signals for DFEN ...

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. The index is provided by Dow Jones U.S. Index. The index provider attempts to measure the performance of the aerospace and defense industry of the U.S. equity market. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Dow Jones U.S. Index Defense Industry

Top 10 Components

Symbol Grade Price % Change Allocation
LMT D 0.64 3.43
RTX A 1.02 3.33
TDY C 5.30 0.86
GD A 2.87 0.84
LHX B 1.83 0.82
TDG B 4.31 0.82
NOC C 1.14 0.78
TXT A 3.82 0.64
HWM A 2.77 0.55
AXON C -1.28 0.47
View All DFEN Holdings

Is DFEN 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 30.0
52 Week Low 5.07
Average Volume 1,824,575
200-Day Moving Average 13.94
50-Day Moving Average 16.93
20-Day Moving Average 18.13
10-Day Moving Average 18.17
Average True Range 1.41
ADX 16.51
+DI 21.32
-DI 25.48
Chandelier Exit (Long, 3 ATRs ) 16.17
Chandelier Exit (Short, 3 ATRs ) 19.77
Upper Bollinger Band 19.41
Lower Bollinger Band 16.85
Percent B (%b) 0.45
BandWidth 14.10
MACD Line 0.35
MACD Signal Line 0.46
MACD Histogram -0.1084
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.45
Resistance 3 (R3) 21.11 19.61 20.87
Resistance 2 (R2) 19.61 18.73 19.78 20.68
Resistance 1 (R1) 18.81 18.19 19.21 19.15 20.49
Pivot Point 17.31 17.31 17.51 17.48 17.31
Support 1 (S1) 16.51 16.43 16.91 16.85 15.51
Support 2 (S2) 15.01 15.89 15.19 15.32
Support 3 (S3) 14.21 15.01 15.13
Support 4 (S4) 14.55