Technical Analysis for EDC - Direxion Emerging Markets Bull 3X Shares

Grade Last Price % Change Price Change
D 102.54 -4.14% -4.43
EDC closed down 4.14 percent on Friday, February 26, 2021, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical EDC trend table...

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish -4.14%
180 Bearish Setup Bearish Swing Setup -4.14%
Expansion Pivot Sell Setup Bearish Swing Setup -4.14%
Multiple of Ten Bearish Other -4.14%
Outside Day Range Expansion -4.14%
Older End-of-Day Signals for EDC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown about 13 hours ago
Down 1 ATR about 13 hours ago
Down 5% about 13 hours ago
1.5x Volume Pace about 13 hours ago
Fell Below Lower Bollinger Band about 13 hours ago
View Earlier Intraday Alerts

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Emerging Markets IndexSM. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the MSCI Emerging Markets IndexSM ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds MSCI EAFE Leveraged ETF Ultra ETF Emerging Market Msci Emerging Markets Index

Top 10 Components

Symbol Grade Price % Change Allocation
EEMA C -1.22 8.30
View All EDC Holdings

Is EDC 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 131.49
52 Week Low 21.06
Average Volume 175,828
200-Day Moving Average 71.26
50-Day Moving Average 107.94
20-Day Moving Average 117.92
10-Day Moving Average 119.27
Average True Range 5.99
ADX 25.55
+DI 22.22
-DI 39.37
Chandelier Exit (Long, 3 ATRs ) 113.51
Chandelier Exit (Short, 3 ATRs ) 117.56
Upper Bollinger Band 134.69
Lower Bollinger Band 101.14
Percent B (%b) 0.04
BandWidth 28.45
MACD Line 0.83
MACD Signal Line 3.91
MACD Histogram -3.0722
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 109.02
Resistance 3 (R3) 109.06 106.94 107.94
Resistance 2 (R2) 106.94 105.29 106.92 107.58
Resistance 1 (R1) 104.74 104.27 103.68 104.70 107.22
Pivot Point 102.62 102.62 102.09 102.60 102.62
Support 1 (S1) 100.42 100.97 99.36 100.38 97.86
Support 2 (S2) 98.30 99.95 98.28 97.50
Support 3 (S3) 96.10 98.30 97.14
Support 4 (S4) 96.06