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

Grade Last Price % Change Price Change
F 12.56 4.41% 0.53
DRIP closed up 4.41 percent on Friday, February 26, 2021, on 2.06 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical DRIP trend table...

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Inside Day Range Contraction 4.41%
Wide Bands Range Expansion 4.41%
Oversold Stochastic Weakness 4.41%
New 52 Week Closing Low Bearish 10.76%
New 52 Week Low Weakness 10.76%
Wide Bands Range Expansion 10.76%
Down 3 Days in a Row Weakness 10.76%
Older End-of-Day Signals for DRIP ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
10 DMA Resistance 2 days ago
Up 10% 2 days ago
Rose Above 10 DMA 2 days ago
3x Volume Pace 2 days ago
2x Volume Pace 2 days ago
View Earlier Intraday Alerts

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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 Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Betashares Gas Exploration Repurchase Agreement Oil And Gas Exploration Forward Contract

Top 10 Components

Symbol Grade Price % Change Allocation
APA A -1.99 3.67
OXY A -0.52 2.91
WPX C 0.00 2.79
CXO C 0.00 2.74
EOG B -8.54 2.71
HES A -2.14 2.69
DVN A 0.89 2.64
PXD A -0.32 2.56
XEC A -0.69 2.56
FANG A 0.32 2.52
View All DRIP Holdings

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 596.525
52 Week Low 11.135
Average Volume 2,671,955
200-Day Moving Average 45.37
50-Day Moving Average 19.48
20-Day Moving Average 15.27
10-Day Moving Average 13.09
Average True Range 1.50
ADX 34.93
+DI 17.41
-DI 29.98
Chandelier Exit (Long, 3 ATRs ) 16.56
Chandelier Exit (Short, 3 ATRs ) 15.64
Upper Bollinger Band 20.69
Lower Bollinger Band 9.85
Percent B (%b) 0.25
BandWidth 71.03
MACD Line -2.32
MACD Signal Line -2.32
MACD Histogram 0.006
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.70
Resistance 3 (R3) 14.78 14.14 14.35
Resistance 2 (R2) 14.14 13.59 14.10 14.23
Resistance 1 (R1) 13.35 13.26 13.74 13.27 14.11
Pivot Point 12.71 12.71 12.91 12.67 12.71
Support 1 (S1) 11.92 12.16 12.32 11.85 11.01
Support 2 (S2) 11.28 11.83 11.24 10.89
Support 3 (S3) 10.49 11.28 10.77
Support 4 (S4) 10.42