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

Grade Last Price % Change Price Change
grade F 29.81 4.78% 1.36
DRV closed down 1.86 percent on Thursday, August 22, 2019, on 1.54 times normal volume. The bears made the stock sink to a new 52-week low. 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 Down Down Up
See historical DRV trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 4.78%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 4.78%
Reversal New Lows Setup Bearish Swing Setup 4.78%
New 52 Week Low Weakness 4.78%
Outside Day Range Expansion 4.78%
Oversold Stochastic Weakness 4.78%
Stochastic Buy Signal Bullish 2.83%
NR7 Range Contraction 2.83%
Inside Day Range Contraction 2.83%
Oversold Stochastic Weakness 2.83%

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: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 63.4
52 Week Low 28.45
Average Volume 25,638
200-Day Moving Average 38.0442
50-Day Moving Average 31.1054
20-Day Moving Average 30.5448
10-Day Moving Average 29.5182
Average True Range 1.1234
ADX 13.13
+DI 16.5694
-DI 26.3399
Chandelier Exit (Long, 3 ATRs ) 30.8798
Chandelier Exit (Short, 3 ATRs ) 31.8202
Upper Bollinger Band 33.137
Lower Bollinger Band 27.9526
Percent B (%b) 0.1
BandWidth 16.973102
MACD Line -0.7447
MACD Signal Line -0.5372
MACD Histogram -0.2076
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.94
Resistance 3 (R3) 30.10 29.77 29.69
Resistance 2 (R2) 29.77 29.39 29.69 29.60
Resistance 1 (R1) 29.11 29.16 28.95 28.95 29.52
Pivot Point 28.78 28.78 28.70 28.70 28.78
Support 1 (S1) 28.12 28.40 27.96 27.96 27.38
Support 2 (S2) 27.79 28.17 27.71 27.30
Support 3 (S3) 27.13 27.79 27.21
Support 4 (S4) 26.97