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

Grade Last Price % Change Price Change
grade C 31.4 -4.59% -1.51
GASX closed down 4.59 percent on Tuesday, January 15, 2019, on 41 percent of normal volume. 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 GASX trend table...

Date Alert Name Type % Chg
Jan 15 Narrow Range Bar Range Contraction 0.00%
Jan 15 Wide Bands Range Expansion 0.00%
Jan 15 Oversold Stochastic Weakness 0.00%
Jan 14 Outside Day Range Expansion -4.59%
Jan 14 Wide Bands Range Expansion -4.59%
Jan 14 Oversold Stochastic Weakness -4.59%
Jan 11 Narrow Range Bar Range Contraction -5.19%
Jan 11 Doji - Bullish? Reversal -5.19%
Jan 11 Wide Bands Range Expansion -5.19%
Jan 11 Oversold Stochastic Weakness -5.19%

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.
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: 1 bullish, 1 bearish and 3 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 20,572
200-Day Moving Average 24.1423
50-Day Moving Average 36.5723
20-Day Moving Average 45.47
10-Day Moving Average 37.051
Average True Range 4.6818
ADX 23.91
+DI 26.6305
-DI 29.3092
Chandelier Exit (Long, 3 ATRs ) 65.30459999999999
Chandelier Exit (Short, 3 ATRs ) 45.0854
Upper Bollinger Band 66.217
Lower Bollinger Band 24.723
Percent B (%b) 0.16
BandWidth 91.255773
MACD Line -1.8419
MACD Signal Line 0.8268
MACD Histogram -2.6687
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.80
Resistance 3 (R3) 33.95 33.29 33.40
Resistance 2 (R2) 33.29 32.68 33.22 33.27
Resistance 1 (R1) 32.35 32.30 32.02 32.20 33.13
Pivot Point 31.69 31.69 31.53 31.62 31.69
Support 1 (S1) 30.75 31.08 30.42 30.60 29.67
Support 2 (S2) 30.09 30.70 30.02 29.53
Support 3 (S3) 29.15 30.09 29.40
Support 4 (S4) 29.00