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

Grade Last Price % Change Price Change
grade F 63.39 4.83% 2.92
DRIP closed up 4.83 percent on Wednesday, September 18, 2019, on 1.69 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
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Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical DRIP trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Pocket Pivot Bullish Swing Setup 4.83%
Volume Surge Other 4.83%
Lower Bollinger Band Walk Weakness 4.83%
Multiple of Ten Bullish Other 4.83%

Older signals for DRIP ...

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DRIP Chart by TradingView
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: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Date Title
Sep 17 Saudi energy minister says oil output to return to normal by end-September
Sep 17 Oil -5% as Saudi output could return to normal faster than expected
Sep 16 Energy SPDR up 4% premarket
Sep 13 NUGT, GDXJ, JNUG and JDST among weekly ETF movers
Sep 13 Trump administration to seek sale of ANWR drilling leases this year
Sep 12 OPEC punts on further production cuts; crude prices, energy stocks sink
Sep 11 House passes bills banning oil and gas drilling off Atlantic, Pacific coasts
Sep 10 Crude oil reverses into the red after Trump fires Bolton
Sep 3 5 Leveraged/Inverse ETFs That Gained Double Digits in August
Aug 23 5 Leveraged/Inverse ETFs Up 25% Plus at Halfway Q3
See more DRIP news...
Indicators
Indicator Value
52 Week High 130.85
52 Week Low 24.4
Average Volume 431,131
200-Day Moving Average 66.832
50-Day Moving Average 88.1962
20-Day Moving Average 90.144
10-Day Moving Average 74.307
Average True Range 10.9193
ADX 22.07
+DI 20.7698
-DI 41.3528
Chandelier Exit (Long, 3 ATRs ) 89.0921
Chandelier Exit (Short, 3 ATRs ) 83.0079
Upper Bollinger Band 127.9254
Lower Bollinger Band 52.3626
Percent B (%b) 0.15
BandWidth 83.824547
MACD Line -8.6338
MACD Signal Line -4.0088
MACD Histogram -4.625
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 68.43
Resistance 3 (R3) 68.31 66.50 67.59
Resistance 2 (R2) 66.50 65.22 66.57 67.31
Resistance 1 (R1) 64.95 64.43 65.73 65.07 67.03
Pivot Point 63.14 63.14 63.53 63.21 63.14
Support 1 (S1) 61.59 61.86 62.37 61.71 59.75
Support 2 (S2) 59.78 61.07 59.85 59.47
Support 3 (S3) 58.23 59.78 59.19
Support 4 (S4) 58.35