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

Grade Last Price % Change Price Change
grade F 27.13 -7.18% -2.10
LABD closed down 7.18 percent on Tuesday, January 15, 2019, on 1.49 times 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 Down Down Down
See historical LABD trend table...

Date Alert Name Type % Chg
Jan 15 180 Bearish Setup Bearish Swing Setup 0.00%
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 Slingshot Bearish Bearish Swing Setup -7.18%
Jan 14 Stochastic Buy Signal Bullish -7.18%
Jan 14 Narrow Range Bar Range Contraction -7.18%
Jan 14 Wide Bands Range Expansion -7.18%
Jan 14 Oversold Stochastic Weakness -7.18%
Jan 11 Narrow Range Bar Range Contraction -1.09%

Older signals for LABD ...

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

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.
Is LABD a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 62.25
52 Week Low 21.35
Average Volume 2,370,581
200-Day Moving Average 30.4636
50-Day Moving Average 37.404
20-Day Moving Average 40.1905
10-Day Moving Average 32.05
Average True Range 4.3235
ADX 22.43
+DI 20.901
-DI 28.6197
Chandelier Exit (Long, 3 ATRs ) 49.2795
Chandelier Exit (Short, 3 ATRs ) 40.0105
Upper Bollinger Band 60.4296
Lower Bollinger Band 19.9514
Percent B (%b) 0.18
BandWidth 100.715841
MACD Line -3.2525
MACD Signal Line -1.2158
MACD Histogram -2.0367
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.36
Resistance 3 (R3) 30.69 29.94 29.82
Resistance 2 (R2) 29.94 29.12 29.78 29.64
Resistance 1 (R1) 28.54 28.61 28.17 28.21 29.46
Pivot Point 27.79 27.79 27.61 27.63 27.79
Support 1 (S1) 26.39 26.97 26.02 26.06 24.80
Support 2 (S2) 25.64 26.46 25.48 24.62
Support 3 (S3) 24.24 25.64 24.44
Support 4 (S4) 23.91