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

Grade Last Price % Change Price Change
grade F 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.

Trend Table & Recent Signals
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%

Older signals for DRIP ...

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:

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: 1 bullish, 2 bearish and 2 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 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