Technical Analysis for ERY - Direxion Energy Bear 3X Shares

Grade Last Price % Change Price Change
F 21.70 -1.85% -0.41
ERY closed down 1.85 percent on Thursday, March 28, 2024, on approximately 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.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New 52 Week Low Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -1.85%
180 Bearish Setup Bearish Swing Setup -1.85%
Oversold Stochastic Weakness -1.85%
Slingshot Bearish Bearish Swing Setup -3.68%
Bullish Engulfing Bullish -3.68%
Oversold Stochastic Weakness -3.68%
New 52 Week Closing Low Bearish -2.25%

   Recent Intraday Alerts

Alert Time
Down 2 % about 20 hours ago
60 Minute Opening Range Breakdown about 21 hours ago
2x Volume Pace 1 day ago
1.5x Volume Pace 1 day ago
3x Volume Pace 1 day ago

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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.
Classification

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

Top 10 Components

Symbol Grade Price % Change Allocation
XOM B 1.10 22.35
CVX C 0.89 19.86
EOG C 1.15 4.79
COP B 0.35 4.59
SLB C -0.16 4.34
PSX A 2.76 4.03
KMI B 1.05 4.01
OXY B 1.23 3.95
VLO B 1.72 3.61
MPC A 2.29 3.56

Is ERY 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 34.2828
52 Week Low 21.6
Average Volume 301,020
200-Day Moving Average 26.63
50-Day Moving Average 26.05
20-Day Moving Average 23.80
10-Day Moving Average 22.55
Average True Range 0.64
RSI (14) 23.08
ADX 48.78
+DI 7.21
-DI 35.79
Chandelier Exit (Long, 3 ATRs) 24.77
Chandelier Exit (Short, 3 ATRs) 23.51
Upper Bollinger Bands 26.64
Lower Bollinger Band 20.95
Percent B (%b) 0.13
BandWidth 23.90
MACD Line -1.19
MACD Signal Line -1.09
MACD Histogram -0.0934
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.45
Resistance 3 (R3) 22.50 22.30 22.32
Resistance 2 (R2) 22.30 22.11 22.27 22.28
Resistance 1 (R1) 22.00 21.99 21.90 21.95 22.24
Pivot Point 21.80 21.80 21.75 21.77 21.80
Support 1 (S1) 21.50 21.61 21.40 21.45 21.16
Support 2 (S2) 21.30 21.49 21.28 21.12
Support 3 (S3) 21.00 21.30 21.08
Support 4 (S4) 20.95