Technical Analysis for GASX - Direxion Daily Natural Gas Related Bear 3X Shares

Grade Last Price % Change Price Change
grade B 43.32 -9.66% -4.63
GASX closed up 3.43 percent on Tuesday, June 25, 2019, on 31 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Down
See historical GASX trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish -9.66%
Narrow Range Bar Range Contraction -9.66%
NR7 Range Contraction -9.66%
Up 3 Days in a Row Strength -9.66%
NR7 Range Contraction -4.50%
Fell Below 20 DMA Bearish -3.67%
Hammer Candlestick Bullish -3.67%
Lizard Bullish Bullish Day Trade Setup -3.67%
Wide Bands Range Expansion -3.67%
Gapped Down Weakness -3.67%

Older signals for GASX ...

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Profile
The investment seeks daily investment results, net of expenses, of 300% of the inverse of the performance of the ISE-REVERE Natural Gas IndexTM. The fund creates short positions by investing at least 80% of assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is composed of equity securities of issuers involved in the exploration and production of natural gas. The fund is non-diversified.
Exchange Traded Funds Natural Gas Futures Contract Short
Is GASX a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 79.35
52 Week Low 14.9
Average Volume 23,046
200-Day Moving Average 32.0734
50-Day Moving Average 37.7505
20-Day Moving Average 47.1439
10-Day Moving Average 48.519
Average True Range 3.0292
ADX 34.38
+DI 31.0115
-DI 19.9998
Chandelier Exit (Long, 3 ATRs ) 45.4324
Chandelier Exit (Short, 3 ATRs ) 47.3076
Upper Bollinger Band 52.5947
Lower Bollinger Band 41.6931
Percent B (%b) 0.57
BandWidth 23.124095
MACD Line 2.6515
MACD Signal Line 3.4414
MACD Histogram -0.7899
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.13
Resistance 3 (R3) 49.88 48.92 49.76
Resistance 2 (R2) 48.92 48.36 49.04 49.64
Resistance 1 (R1) 48.43 48.02 48.68 48.68 49.52
Pivot Point 47.47 47.47 47.59 47.59 47.47
Support 1 (S1) 46.98 46.91 47.23 47.23 46.38
Support 2 (S2) 46.02 46.57 46.14 46.26
Support 3 (S3) 45.53 46.02 46.14
Support 4 (S4) 45.78