Technical Analysis for DRIP - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
9.93 | -3.31% | -0.34 |
DRIP closed down 3.31 percent on Wednesday, February 20, 2019, on 1.18 times normal volume. 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.
| ADX | Long-Term | Intermediate-Term | Short-Term |
|---|---|---|---|
| Weak or Absent | Up | Down | Down |
| See historical DRIP trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Feb 20 | Multiple of Ten Bearish | Other | 0.00% |
| Feb 20 | Wide Bands | Range Expansion | 0.00% |
| Feb 20 | Oversold Stochastic | Weakness | 0.00% |
| Feb 19 | MACD Bearish Signal Line Cross | Bearish | -3.31% |
| Feb 19 | Narrow Range Bar | Range Contraction | -3.31% |
| Feb 19 | NR7 | Range Contraction | -3.31% |
| Feb 19 | NR7-2 | Range Contraction | -3.31% |
| Feb 19 | Wide Bands | Range Expansion | -3.31% |
| Feb 19 | Oversold Stochastic | Weakness | -3.31% |
| Feb 15 | NR7 | Range Contraction | -1.97% |
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.
Configure default chart indicators
Basic chart:
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.
Exchange Traded Funds Index Betashares Oil And Gas Exploration
Exchange Traded Funds Index Betashares Oil And Gas Exploration
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength | |||
| Summary: | Counts: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies. | ||
See more DRIP news...
Indicators
| Indicator | Value |
|---|---|
| 52 Week High | 26.17 |
| 52 Week Low | 4.88 |
| Average Volume | 3,965,333 |
| 200-Day Moving Average | 8.5539 |
| 50-Day Moving Average | 13.3076 |
| 20-Day Moving Average | 11.295 |
| 10-Day Moving Average | 11.526 |
| Average True Range | 1.0527 |
| ADX | 13.5 |
| +DI | 22.6635 |
| -DI | 29.2943 |
| Chandelier Exit (Long, 3 ATRs ) | 10.971 |
| Chandelier Exit (Short, 3 ATRs ) | 12.938099999999999 |
| Upper Bollinger Band | 13.1267 |
| Lower Bollinger Band | 9.4633 |
| Percent B (%b) | 0.13 |
| BandWidth | 32.43382 |
| MACD Line | -0.4944 |
| MACD Signal Line | -0.4051 |
| MACD Histogram | -0.0893 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 10.80 | ||||
| Resistance 3 (R3) | 10.85 | 10.60 | 10.66 | ||
| Resistance 2 (R2) | 10.60 | 10.38 | 10.58 | 10.61 | |
| Resistance 1 (R1) | 10.27 | 10.24 | 10.15 | 10.22 | 10.56 |
| Pivot Point | 10.02 | 10.02 | 9.96 | 10.00 | 10.02 |
| Support 1 (S1) | 9.69 | 9.80 | 9.57 | 9.64 | 9.30 |
| Support 2 (S2) | 9.44 | 9.66 | 9.42 | 9.25 | |
| Support 3 (S3) | 9.11 | 9.44 | 9.21 | ||
| Support 4 (S4) | 9.06 |
