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

Grade Last Price % Change Price Change
grade B 15.655 -2.40% -0.39
DRIP closed up 6.37 percent on Friday, June 14, 2019, on 66 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical DRIP trend table...

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup -2.40%
Outside Day Range Expansion -2.40%
Wide Bands Range Expansion -2.40%
Overbought Stochastic Strength -2.40%
Wide Bands Range Expansion 3.81%
Overbought Stochastic Strength 3.81%
Wide Bands Range Expansion -4.19%
Gapped Up Strength -4.19%
Overbought Stochastic Strength -4.19%
1,2,3 Pullback Bullish Bullish Swing Setup 5.78%

Older signals for DRIP ...

Get this analysis on your stocks daily!

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:
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.
Exchange Traded Funds Index Betashares Oil And Gas Exploration
Is DRIP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 26.17
52 Week Low 4.88
Average Volume 4,973,342
200-Day Moving Average 10.3295
50-Day Moving Average 11.042
20-Day Moving Average 13.706
10-Day Moving Average 15.003
Average True Range 1.135
ADX 35.18
+DI 31.3892
-DI 11.9742
Chandelier Exit (Long, 3 ATRs ) 13.04
Chandelier Exit (Short, 3 ATRs ) 12.905
Upper Bollinger Band 17.4068
Lower Bollinger Band 10.0052
Percent B (%b) 0.82
BandWidth 54.002627
MACD Line 1.352
MACD Signal Line 1.2635
MACD Histogram 0.0885
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.92
Resistance 3 (R3) 17.75 16.96 17.60
Resistance 2 (R2) 16.96 16.48 17.04 17.50
Resistance 1 (R1) 16.50 16.19 16.73 16.67 17.39
Pivot Point 15.71 15.71 15.83 15.79 15.71
Support 1 (S1) 15.25 15.23 15.48 15.42 14.69
Support 2 (S2) 14.46 14.94 14.54 14.58
Support 3 (S3) 14.00 14.46 14.48
Support 4 (S4) 14.17