Technical Analysis for HIBS - Direxion Daily S&P 500 High Beta Bear 3X Shares

Grade Last Price % Change Price Change
F 18.62 1.69% 0.31
HIBS closed up 1.69 percent on Friday, February 26, 2021, on 2.51 times normal volume. 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 EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical HIBS trend table...

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup 1.69%
Bullish Engulfing Bullish 1.69%
Pocket Pivot Bullish Swing Setup 1.69%
New 52 Week Low Weakness 1.69%
Outside Day Range Expansion 1.69%
Wide Bands Range Expansion 1.69%
Older End-of-Day Signals for HIBS ...

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the S&P 500® High Beta Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets. The index provider selects 100 securities to include in the index from the S&P 500® Index that have the highest sensitivity to market movements, or beta over the past 12 months as determined by the index provider. It is non-diversified.
Classification

Keywords: Exchange Traded Funds Inverse Exchange Traded Fund Fundamental Analysis Beta

Is HIBS 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 1437.4
52 Week Low 16.2915
Average Volume 161,982
200-Day Moving Average 96.87
50-Day Moving Average 27.59
20-Day Moving Average 23.01
10-Day Moving Average 19.78
Average True Range 1.96
ADX 32.43
+DI 18.19
-DI 35.10
Chandelier Exit (Long, 3 ATRs ) 26.85
Chandelier Exit (Short, 3 ATRs ) 22.19
Upper Bollinger Band 31.36
Lower Bollinger Band 14.66
Percent B (%b) 0.24
BandWidth 72.58
MACD Line -3.11
MACD Signal Line -2.93
MACD Histogram -0.1794
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.43
Resistance 3 (R3) 21.53 20.70 20.96
Resistance 2 (R2) 20.70 19.99 20.65 20.80
Resistance 1 (R1) 19.66 19.54 20.18 19.56 20.65
Pivot Point 18.83 18.83 19.09 18.78 18.83
Support 1 (S1) 17.79 18.12 18.31 17.69 16.59
Support 2 (S2) 16.96 17.67 16.91 16.44
Support 3 (S3) 15.92 16.96 16.28
Support 4 (S4) 15.82