Technical Analysis for DRV - Drexion Daily Real Estate Bear 3x Shares

Grade Last Price % Change Price Change
grade D 7.55 3.99% 0.29
DRV closed up 3.99 percent on Monday, April 22, 2019, on 1.38 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Up
See historical DRV trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Upper Bollinger Band Walk Strength 0.00%
Outside Day Range Expansion 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Fell Below 50 DMA Bearish 3.99%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 3.99%

Older signals for DRV ...

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Profile
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.
Exchange Traded Fund Real Estate Investment Trust Msci Eafe Msci Us Reit Index Real Estate Rental
Is DRV 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 13.92
52 Week Low 6.63
Average Volume 152,622
200-Day Moving Average 8.9129
50-Day Moving Average 7.284
20-Day Moving Average 6.9535
10-Day Moving Average 7.023
Average True Range 0.2907
ADX 21.61
+DI 30.832
-DI 14.0666
Chandelier Exit (Long, 3 ATRs ) 6.8779
Chandelier Exit (Short, 3 ATRs ) 7.5021
Upper Bollinger Band 7.4532
Lower Bollinger Band 6.4538
Percent B (%b) 1.1
BandWidth 14.372618
MACD Line -0.026
MACD Signal Line -0.1391
MACD Histogram 0.1131
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.45
Resistance 3 (R3) 8.42 8.08 8.30
Resistance 2 (R2) 8.08 7.85 8.10 8.25
Resistance 1 (R1) 7.82 7.71 7.95 7.85 8.20
Pivot Point 7.48 7.48 7.55 7.50 7.48
Support 1 (S1) 7.22 7.25 7.35 7.25 6.90
Support 2 (S2) 6.88 7.11 6.90 6.85
Support 3 (S3) 6.62 6.88 6.80
Support 4 (S4) 6.65