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

Grade Last Price % Change Price Change
C 11.28 -2.00% -0.23
DRIP closed down 2.0 percent on Wednesday, October 30, 2024, on approximately normal volume. 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.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Spinning Top Other 0.00%
Overbought Stochastic Strength 0.00%
180 Bullish Setup Bullish Swing Setup -2.00%
Stochastic Reached Overbought Strength -2.00%
Above Upper BB Strength -2.00%
Overbought Stochastic Strength -2.00%
Upper Bollinger Band Touch Strength -2.00%
Crossed Above 50 DMA Bullish 1.17%
MACD Bullish Centerline Cross Bullish 1.17%
Gapped Up Strength 1.17%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 16 hours ago
Down 3% about 18 hours ago
Fell Below Previous Day's Low about 18 hours ago
Down 2 % about 18 hours ago
Down 1% about 19 hours ago

Get a Trading Sidekick!

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, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("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 short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Betashares Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Repurchase Agreement Gas Exploration Oil And Gas Exploration Forward Contract

Top 10 Components

Symbol Grade Price % Change Allocation
APA F 0.66 3.67
OXY F 0.18 2.91
EOG F 0.02 2.71
HES D -0.24 2.69
DVN F 0.55 2.64
FANG F 0.58 2.52
COP F 0.65 2.49
PBF F -0.86 2.49
MRO F 0.77 2.49
MUR F 0.70 2.43

Is DRIP 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 12.9315
52 Week Low 7.6596
Average Volume 2,718,754
200-Day Moving Average 10.02
50-Day Moving Average 10.98
20-Day Moving Average 10.60
10-Day Moving Average 10.96
Average True Range 0.45
RSI (14) 56.52
ADX 11.61
+DI 28.59
-DI 20.05
Chandelier Exit (Long, 3 ATRs) 10.38
Chandelier Exit (Short, 3 ATRs) 11.02
Upper Bollinger Bands 11.57
Lower Bollinger Band 9.63
Percent B (%b) 0.85
BandWidth 18.34
MACD Line 0.09
MACD Signal Line -0.01
MACD Histogram 0.1068
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.91
Resistance 3 (R3) 11.93 11.73 11.81
Resistance 2 (R2) 11.73 11.57 11.73 11.77
Resistance 1 (R1) 11.51 11.47 11.41 11.49 11.73
Pivot Point 11.31 11.31 11.27 11.31 11.31
Support 1 (S1) 11.09 11.15 10.99 11.07 10.83
Support 2 (S2) 10.89 11.05 10.89 10.79
Support 3 (S3) 10.67 10.89 10.76
Support 4 (S4) 10.65