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

Grade Last Price % Change Price Change
C 43.78 -1.04% -0.46
DRV closed down 1.04 percent on Wednesday, April 24, 2024, on 70 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Down

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Fell Below 200 DMA Bearish -1.04%
Wide Bands Range Expansion -1.04%
Overbought Stochastic Strength -1.04%
Down 3 Days in a Row Weakness -1.04%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 7 hours ago
Gap Up Closed about 10 hours ago
Gap Up Partially Closed about 10 hours ago
Reversed from Up about 10 hours ago
Gapped Up (Partial) about 10 hours ago

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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.
Classification

Keywords: Exchange Traded Fund ETF Real Estate Investment Trust MSCI EAFE Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Msci Us Reit Index Real Estate Rental

Top 10 Components

Symbol Grade Price % Change Allocation
AMT F -0.48 7.96
CCI D -0.03 4.65
PLD F -1.57 4.59
EQIX D -0.66 3.84
SPG C -0.67 3.51
WELL A 0.83 2.70
PSA D -0.02 2.67
EQR A 2.41 2.36
AVB A 1.42 2.32
SBAC D 0.35 2.20

Is DRV a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 70.6084
52 Week Low 32.9204
Average Volume 226,731
200-Day Moving Average 44.93
50-Day Moving Average 38.66
20-Day Moving Average 41.00
10-Day Moving Average 44.55
Average True Range 1.84
RSI (14) 59.35
ADX 25.46
+DI 32.77
-DI 20.16
Chandelier Exit (Long, 3 ATRs) 42.13
Chandelier Exit (Short, 3 ATRs) 40.25
Upper Bollinger Bands 49.01
Lower Bollinger Band 32.99
Percent B (%b) 0.67
BandWidth 39.07
MACD Line 2.19
MACD Signal Line 1.86
MACD Histogram 0.3204
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 46.56
Resistance 3 (R3) 46.77 46.07 46.09
Resistance 2 (R2) 46.07 45.36 45.96 45.94
Resistance 1 (R1) 44.92 44.92 44.57 44.71 45.78
Pivot Point 44.22 44.22 44.04 44.11 44.22
Support 1 (S1) 43.07 43.51 42.72 42.86 41.78
Support 2 (S2) 42.37 43.07 42.26 41.62
Support 3 (S3) 41.22 42.37 41.47
Support 4 (S4) 41.01