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

Grade Last Price % Change Price Change
grade B 67.37 5.50% 3.51
EDC closed up 2.11 percent on Tuesday, December 11, 2018, on approximately normal volume. 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 Down
See historical EDC trend table...

Date Alert Name Type % Chg
Dec 11 Stochastic Reached Oversold Weakness 5.50%
Dec 11 Oversold Stochastic Weakness 5.50%
Dec 10 MACD Bearish Centerline Cross Bearish 7.72%
Dec 10 MACD Bearish Signal Line Cross Bearish 7.72%
Dec 10 Hammer Candlestick Bullish 7.72%
Dec 10 Down 3 Days in a Row Weakness 7.72%
Dec 10 Down 4 Days in a Row Weakness 7.72%
Dec 10 Gapped Down Weakness 7.72%
Dec 10 Lower Bollinger Band Touch Weakness 7.72%
Dec 7 50 DMA Resistance Bearish 4.61%

Older signals for EDC ...

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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.
Is EDC 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 168.7
52 Week Low 55.46
Average Volume 365,546
200-Day Moving Average 95.6074
50-Day Moving Average 68.3356
20-Day Moving Average 67.5275
10-Day Moving Average 68.791
Average True Range 4.2363
ADX 13.1
+DI 28.5941
-DI 34.5253
Chandelier Exit (Long, 3 ATRs ) 63.58110000000001
Chandelier Exit (Short, 3 ATRs ) 72.8589
Upper Bollinger Band 74.6143
Lower Bollinger Band 60.4407
Percent B (%b) 0.24
BandWidth 20.989375
MACD Line -0.7202
MACD Signal Line -0.2193
MACD Histogram -0.5009
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 67.84
Resistance 3 (R3) 67.82 66.49 67.17
Resistance 2 (R2) 66.49 65.47 66.49 66.95
Resistance 1 (R1) 65.17 64.85 64.51 65.19 66.73
Pivot Point 63.84 63.84 63.50 63.84 63.84
Support 1 (S1) 62.52 62.82 61.86 62.54 60.99
Support 2 (S2) 61.19 62.20 61.19 60.77
Support 3 (S3) 59.87 61.19 60.55
Support 4 (S4) 59.89