Technical Analysis for ERY - Direxion Energy Bear 3X Shares

Grade Last Price % Change Price Change
grade F 41.19 -4.70% -2.03
ERY closed down 4.7 percent on Friday, February 15, 2019, on 60 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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 Up Down Down
See historical ERY trend table...

Date Alert Name Type % Chg
Feb 15 MACD Bearish Signal Line Cross Bearish 0.00%
Feb 15 Narrow Range Bar Range Contraction 0.00%
Feb 15 NR7 Range Contraction 0.00%
Feb 15 Down 3 Days in a Row Weakness 0.00%
Feb 15 Down 4 Days in a Row Weakness 0.00%
Feb 15 Down 5 Days in a Row Weakness 0.00%
Feb 15 Gapped Down Weakness 0.00%
Feb 15 Oversold Stochastic Weakness 0.00%
Feb 14 Stochastic Reached Oversold Weakness -4.70%
Feb 14 Down 3 Days in a Row Weakness -4.70%

Older signals for ERY ...

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Profile
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, 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 Oil Standard & Poor's Energy Equipment
Is ERY 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 82.45
52 Week Low 29.08
Average Volume 256,219
200-Day Moving Average 40.4049
50-Day Moving Average 52.7026
20-Day Moving Average 46.312
10-Day Moving Average 44.651
Average True Range 2.8472
ADX 13.68
+DI 22.2032
-DI 31.7866
Chandelier Exit (Long, 3 ATRs ) 43.4584
Chandelier Exit (Short, 3 ATRs ) 49.6216
Upper Bollinger Band 51.5888
Lower Bollinger Band 41.0352
Percent B (%b) 0.01
BandWidth 22.788046
MACD Line -2.3971
MACD Signal Line -2.2407
MACD Histogram -0.1564
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 42.81
Resistance 3 (R3) 42.95 42.56 42.54
Resistance 2 (R2) 42.56 42.14 42.49 42.45
Resistance 1 (R1) 41.87 41.89 41.68 41.73 42.36
Pivot Point 41.48 41.48 41.38 41.41 41.48
Support 1 (S1) 40.79 41.06 40.60 40.65 40.02
Support 2 (S2) 40.40 40.81 40.33 39.93
Support 3 (S3) 39.71 40.40 39.84
Support 4 (S4) 39.57