Technical Analysis for ERX - Direxion Energy Bull 3X Shares

Grade Last Price % Change Price Change
grade F 16.97 -6.91% -1.26
ERX closed down 6.91 percent on Tuesday, December 18, 2018, on 2.06 times normal volume. The bears made the stock sink to a new 52-week low. 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 Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical ERX trend table...

Date Alert Name Type % Chg
Dec 18 New 52 Week Closing Low Bearish 0.00%
Dec 18 Lower Bollinger Band Walk Weakness 0.00%
Dec 18 New 52 Week Low Weakness 0.00%
Dec 18 Wide Bands Range Expansion 0.00%
Dec 18 Below Lower BB Weakness 0.00%
Dec 18 Down 3 Days in a Row Weakness 0.00%
Dec 18 Lower Bollinger Band Touch Weakness 0.00%
Dec 18 Oversold Stochastic Weakness 0.00%
Dec 17 New 52 Week Closing Low Bearish -6.91%
Dec 17 Lower Bollinger Band Walk Weakness -6.91%

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.
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: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 44.29
52 Week Low 16.67
Average Volume 2,800,294
200-Day Moving Average 32.9008
50-Day Moving Average 25.859
20-Day Moving Average 21.783
10-Day Moving Average 20.27
Average True Range 1.8415
ADX 35.04
+DI 16.8505
-DI 41.651
Chandelier Exit (Long, 3 ATRs ) 20.0855
Chandelier Exit (Short, 3 ATRs ) 22.1945
Upper Bollinger Band 25.9383
Lower Bollinger Band 17.6277
Percent B (%b) -0.08
BandWidth 38.15177
MACD Line -2.0723
MACD Signal Line -1.8037
MACD Histogram -0.2686
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.49
Resistance 3 (R3) 19.67 19.01 19.07
Resistance 2 (R2) 19.01 18.37 18.92 18.93
Resistance 1 (R1) 17.99 17.97 17.66 17.81 18.79
Pivot Point 17.33 17.33 17.17 17.24 17.33
Support 1 (S1) 16.31 16.69 15.98 16.13 15.15
Support 2 (S2) 15.65 16.29 15.56 15.01
Support 3 (S3) 14.63 15.65 14.87
Support 4 (S4) 14.45