Technical Analysis for DRIP - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
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.
| 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% |
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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: 4 bullish, 0 bearish and 1 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 | 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 |
