Technical Analysis for ERX - Direxion Energy Bull 3X Shares

Grade Last Price % Change Price Change
grade D 22.08 -4.70% -1.09
ERX closed down 4.7 percent on Thursday, February 21, 2019, on approximately normal volume. 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 ERX trend table...

Date Alert Name Type % Chg
Feb 21 Stochastic Sell Signal Bearish 0.00%
Feb 21 Slingshot Bullish Bullish Swing Setup 0.00%
Feb 21 Upper Bollinger Band Walk Strength 0.00%
Feb 21 Weak + Overbought Other 0.00%
Feb 21 Overbought Stochastic Strength 0.00%
Feb 20 Upper Bollinger Band Walk Strength -4.70%
Feb 20 Weak + Overbought Other -4.70%
Feb 20 Overbought Stochastic Strength -4.70%
Feb 20 Up 3 Days in a Row Strength -4.70%
Feb 20 Up 4 Days in a Row Strength -4.70%

Older signals for ERX ...

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Profile
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Energy Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.
Exchange Traded Funds Index Fund Oil Standard & Poor's Energy Equipment
Is ERX 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 43.94
52 Week Low 12.43
Average Volume 4,200,461
200-Day Moving Average 30.4277
50-Day Moving Average 19.031
20-Day Moving Average 20.9065
10-Day Moving Average 21.394
Average True Range 1.1234
ADX 14.26
+DI 30.6356
-DI 24.4795
Chandelier Exit (Long, 3 ATRs ) 20.1398
Chandelier Exit (Short, 3 ATRs ) 21.6102
Upper Bollinger Band 23.4145
Lower Bollinger Band 18.3985
Percent B (%b) 0.73
BandWidth 23.992538
MACD Line 0.8337
MACD Signal Line 0.6455
MACD Histogram 0.1882
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.00
Resistance 3 (R3) 24.14 23.63 23.68
Resistance 2 (R2) 23.63 23.14 23.57 23.57
Resistance 1 (R1) 22.86 22.84 22.61 22.72 23.47
Pivot Point 22.35 22.35 22.23 22.29 22.35
Support 1 (S1) 21.58 21.86 21.33 21.44 20.69
Support 2 (S2) 21.07 21.56 21.01 20.59
Support 3 (S3) 20.30 21.07 20.48
Support 4 (S4) 20.16