Technical Analysis for LABD - Direxion Daily S&P Biotech Bear 3X Shares

Grade Last Price % Change Price Change
F 7.29 0.14% 0.01
LABD closed up 0.14 percent on Thursday, March 28, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
6 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Sell Signal Bearish 0.14%
180 Bearish Setup Bearish Swing Setup 0.14%
Weak + Overbought Other 0.14%
Outside Day Range Expansion 0.14%
Wide Bands Range Expansion 0.14%
Overbought Stochastic Strength 0.14%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 19 hours ago
60 Minute Opening Range Breakdown about 21 hours ago
Down 2 % about 21 hours ago
10 DMA Resistance about 22 hours ago
2x Volume Pace about 23 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the S&P Biotechnology Select Industry Index. The index is provided by Standard & Poor's and includes domestic companies from the biotechnology industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the S&P Biotechnology Select Industry Index ("index"). It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Biotechnology Leveraged ETF Ultra ETF S&P 500 Index CBOE Inverse ETF Bear Market ETF Repurchase Agreement Financial Regulation Forward Contract

Top 10 Components

Symbol Grade Price % Change Allocation
NVTA F 0.00 1.95
EXEL B -0.54 1.91
BMRN D -1.43 1.89
BLUE D -6.23 1.87
VRTX D 0.17 1.84
SAGE F -1.58 1.80
UTHR C -5.57 1.78
REGN B -0.39 1.77
AMGN D -0.69 1.75
ALNY F -3.20 1.73

Is LABD 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 29.4219
52 Week Low 5.6716
Average Volume 15,158,709
200-Day Moving Average 14.39
50-Day Moving Average 8.09
20-Day Moving Average 7.05
10-Day Moving Average 7.49
Average True Range 0.58
RSI (14) 47.37
ADX 16.64
+DI 20.28
-DI 21.28
Chandelier Exit (Long, 3 ATRs) 6.22
Chandelier Exit (Short, 3 ATRs) 7.42
Upper Bollinger Bands 8.17
Lower Bollinger Band 5.93
Percent B (%b) 0.61
BandWidth 31.82
MACD Line -0.10
MACD Signal Line -0.23
MACD Histogram 0.1285
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.92
Resistance 3 (R3) 7.91 7.70 7.81
Resistance 2 (R2) 7.70 7.54 7.70 7.78
Resistance 1 (R1) 7.50 7.44 7.60 7.50 7.74
Pivot Point 7.28 7.28 7.33 7.28 7.28
Support 1 (S1) 7.08 7.12 7.18 7.08 6.84
Support 2 (S2) 6.86 7.02 6.87 6.80
Support 3 (S3) 6.66 6.86 6.77
Support 4 (S4) 6.66