Technical Analysis for KORU - Direxion Daily South Korea Bull 3X Shares

Grade Last Price % Change Price Change
grade C 16.63 4.13% 0.66
KORU closed up 4.13 percent on Thursday, August 6, 2020, on 76 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical KORU trend table...

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Stochastic Reached Overbought Strength 4.13%
Upper Bollinger Band Walk Strength 4.13%
BB Squeeze Ended Range Expansion 4.13%

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Korea 25/50 Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is designed to measure the performance of the large and mid cap segments of the South Korea equity market, covering approximately 85% of the free float-adjusted market capitalization in South Korea. The fund is non-diversified.
Exchange Traded Fund ETF Exchange Traded Funds Index Leveraged ETF Ultra ETF MSCI EAFE Msci Kld 400 Social Index Msci Kokusai Index

Is KORU 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 28.11
52 Week Low 4.28
Average Volume 180,464
200-Day Moving Average 16.39
50-Day Moving Average 13.00
20-Day Moving Average 13.91
10-Day Moving Average 14.55
Average True Range 0.68
ADX 19.31
+DI 49.20
-DI 20.93
Chandelier Exit (Long, 3 ATRs ) 14.60
Chandelier Exit (Short, 3 ATRs ) 14.50
Upper Bollinger Band 15.89
Lower Bollinger Band 11.94
Percent B (%b) 1.19
BandWidth 28.35
MACD Line 0.80
MACD Signal Line 0.58
MACD Histogram 0.2268
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.29
Resistance 3 (R3) 17.22 16.92 17.18
Resistance 2 (R2) 16.92 16.75 16.96 17.14
Resistance 1 (R1) 16.78 16.65 16.85 16.85 17.11
Pivot Point 16.48 16.48 16.52 16.52 16.48
Support 1 (S1) 16.34 16.32 16.41 16.41 16.15
Support 2 (S2) 16.04 16.21 16.08 16.12
Support 3 (S3) 15.90 16.04 16.08
Support 4 (S4) 15.97