Technical Analysis for HJEN - Direxion Hydrogen ETF

Grade Last Price % Change Price Change
F 10.10 -1.22% -0.12
HJEN closed down 1.22 percent on Thursday, April 25, 2024, on 44 percent of normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New 52 Week Low Weakness 0.00%
Multiple of Ten Bullish Other 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -1.22%
New 52 Week Low Weakness -1.22%
Oversold Stochastic Weakness -1.22%
Slingshot Bearish Bearish Swing Setup -2.56%
Oversold Stochastic Weakness -2.56%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 9 hours ago
Fell Below Lower Bollinger Band about 11 hours ago
Fell Below Previous Day's Low about 11 hours ago
Down 2 % about 11 hours ago
Down 1% about 11 hours ago

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Profile

Direxion Hydrogen ETF Description

The Direxion Hydrogen ETF offers exposure to 30 companies leading the way towards net-zero emissions by providing more accessible, efficient, sustainable solutions across the following five hydrogen-related sub-themes. HJEN may be considered a satellite holding to complement other broader positions within a portfolio. Hydrogen Production and Generation: Companies involved in the process of hydrogen generation, in either liquid or solid form. Hydrogen Storage and Supply: Companies engaged in providing storage and transportation services of hydrogen. It also includes companies that supply hydrogen to various users and operate hydrogen fueling stations across countries. Fuel Cell and Battery: Companies manufacturing fuel cells and batteries that are run on hydrogen-based technology. Hydrogen Systems and Solutions: Companies offering equipment, components or technology used in hydrogen industry. Those involved in providing solutions and systems to the value chain across hydrogen generation, storage and supply. Membrane and Catalyst: Companies that design and produce membrane, filters, catalyst or membrane assemblies for fuel cell, or hydrogen-related, technologies.


Classification

Keywords: Industrial Gases Transportation Service Energy Storage Sustainable Technologies Fuel Cell Hydrogen Economy Hydrogen Technologies Hydrogen Vehicle Hydrogen Fuel Hydrogen Production Sustainable Solutions

Top 10 Components

Symbol Grade Price % Change Allocation
BE F -0.93 7.25
PLUG F -1.24 6.25
BP A 0.71 5.22
LIN C -0.11 4.97
APD D 0.17 3.99
FCEL F -2.43 3.89
HY D -1.30 0.46

Is HJEN 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 14.6227
52 Week Low 9.9636
Average Volume 14,124
200-Day Moving Average 11.79
50-Day Moving Average 10.78
20-Day Moving Average 10.75
10-Day Moving Average 10.38
Average True Range 0.21
RSI (14) 29.58
ADX 18.05
+DI 20.66
-DI 36.65
Chandelier Exit (Long, 3 ATRs) 10.85
Chandelier Exit (Short, 3 ATRs) 10.60
Upper Bollinger Bands 11.54
Lower Bollinger Band 9.95
Percent B (%b) 0.09
BandWidth 14.83
MACD Line -0.20
MACD Signal Line -0.12
MACD Histogram -0.0765
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.40
Resistance 3 (R3) 10.40 10.28 10.35
Resistance 2 (R2) 10.28 10.20 10.29 10.34
Resistance 1 (R1) 10.19 10.16 10.24 10.20 10.32
Pivot Point 10.08 10.08 10.10 10.08 10.08
Support 1 (S1) 9.98 10.00 10.03 9.99 9.87
Support 2 (S2) 9.87 9.95 9.87 9.85
Support 3 (S3) 9.78 9.87 9.84
Support 4 (S4) 9.79