Technical Analysis for LABD - Direxion Daily S&P Biotech Bear 3X Shares
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
7.26 | 5.83% | 0.40 |
LABD closed up 5.83 percent on Thursday, August 17, 2017, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
Trend Table & Recent Alerts
| ADX | Long-Term | Intermediate-Term | Short-Term |
|---|---|---|---|
| Weak or Absent | Down | Up | Up |
| See historical LABD trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Aug 17 | Crossed Above 50 DMA | Bullish | 0.00% |
| Aug 16 | Doji - Bullish? | Reversal | 5.83% |
| Aug 14 | MACD Bullish Centerline Cross | Bullish | 5.37% |
| Aug 11 | Fell Below 50 DMA | Bearish | 2.54% |
| Aug 11 | Stochastic Reached Overbought | Other | 2.54% |
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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: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies. | ||
Recent News
See more LABD news...
Indicators
| Indicator | Value |
|---|---|
| 52 Week High | 31.7 |
| 52 Week Low | 5.6 |
| Average Volume | 6,816,910 |
| 200-Day Moving Average | 11.6973 |
| 50-Day Moving Average | 6.9542 |
| 20-Day Moving Average | 6.59 |
| 10-Day Moving Average | 6.87 |
| Average True Range | 0.4099 |
| ADX | 18.6 |
| +DI | 26.96 |
| -DI: | 19.3 |
| Chandelier Exit (Long, 3 ATRs) | 6.2703 |
| Chandelier Exit (Short, 3 ATRs) | 6.8297 |
| Upper Bollinger Band | 7.4879 |
| Lower Bollinger Band | 5.6921 |
| Percent B (%b) | 0.87 |
| Bandwidth | 0.272504 |
| MACD Line | 0.0498 |
| MACD Signal Line | -0.0579 |
| MACD Histogram | 0.1077 |
