Technical Analysis for ERX - Direxion Energy Bull 3X Shares

Grade Last Price % Change Price Change
B 70.39 1.88% 1.30
ERX closed up 1.88 percent on Wednesday, November 20, 2024, on 71 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New Uptrend Bullish 0.00%
Multiple of Ten Bullish Other 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Sell Signal Bearish 1.88%
Slingshot Bullish Bullish Swing Setup 1.88%
Overbought Stochastic Strength 1.88%
Gapped Down Weakness 1.88%
180 Bullish Setup Bullish Swing Setup 0.76%
Pocket Pivot Bullish Swing Setup 0.76%
Multiple of Ten Bearish Other 0.76%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 16 hours ago
60 Minute Opening Range Breakdown about 18 hours ago
Slingshot Bullish Entry about 20 hours ago
Rose Above Previous Day's High about 20 hours ago
Up 1% about 20 hours ago

Free Daily (Stock) Chart Reading

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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.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Index Fund Leveraged ETF Ultra ETF Energy Equipment Energy Select Sector Index

Top 10 Components

Symbol Grade Price % Change Allocation
XOM A 1.42 14.33
CVX A 1.08 10.17
COP B 0.30 4.85
WMB A 0.17 3.04
EOG A 0.78 2.93
OKE A 0.04 2.83
SLB C 1.00 2.77
PSX C 0.39 2.44
MPC C 0.94 2.37
KMI A -0.28 2.32

Is ERX 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 76.5381
52 Week Low 48.9881
Average Volume 450,029
200-Day Moving Average 63.64
50-Day Moving Average 62.70
20-Day Moving Average 64.54
10-Day Moving Average 68.07
Average True Range 1.93
RSI (14) 68.55
ADX 25.13
+DI 31.67
-DI 13.31
Chandelier Exit (Long, 3 ATRs) 64.65
Chandelier Exit (Short, 3 ATRs) 64.41
Upper Bollinger Bands 72.44
Lower Bollinger Band 56.64
Percent B (%b) 0.87
BandWidth 24.48
MACD Line 2.08
MACD Signal Line 1.48
MACD Histogram 0.6039
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 72.35
Resistance 3 (R3) 72.15 71.30 72.02
Resistance 2 (R2) 71.30 70.80 71.40 71.92
Resistance 1 (R1) 70.84 70.49 71.07 71.04 71.81
Pivot Point 69.99 69.99 70.10 70.09 69.99
Support 1 (S1) 69.54 69.49 69.76 69.74 68.97
Support 2 (S2) 68.68 69.18 68.78 68.86
Support 3 (S3) 68.23 68.68 68.76
Support 4 (S4) 68.43