Technical Analysis for LABD - Direxion Daily S&P Biotech Bear 3X Shares
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Up | Up |
| Historical LABD trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Wide Bands | Range Expansion | 0.00% | |
| Crossed Above 50 DMA | Bullish | 3.31% | |
| 180 Bullish Setup | Bullish Swing Setup | 3.31% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 3.31% | |
| NR7 | Range Contraction | 3.31% | |
| Inside Day | Range Contraction | 3.31% | |
| Wide Bands | Range Expansion | 3.31% | |
| 50 DMA Resistance | Bearish | 8.90% | |
| Wide Bands | Range Expansion | 8.90% | |
| Down 3 Days in a Row | Weakness | 8.90% |
Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App
| Alert | Time |
|---|---|
| Up 5% | 3 days ago |
| 1.5x Volume Pace | 3 days ago |
| Up 3% | 3 days ago |
| Up 2% | 3 days ago |
| 10 DMA Support | 3 days ago |
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Basic chart:
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.
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 Forward Contract Financial Regulation Technology Industry
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 Forward Contract Financial Regulation Technology Industry
Top 10 Components
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 84.87 |
| 52 Week Low | 12.3001 |
| Average Volume | 2,587,928 |
| 200-Day Moving Average | 25.92 |
| 50-Day Moving Average | 21.81 |
| 20-Day Moving Average | 20.94 |
| 10-Day Moving Average | 22.54 |
| Average True Range | 1.63 |
| ADX | 20.0 |
| +DI | 30.48 |
| -DI | 17.26 |
| Chandelier Exit (Long, 3 ATRs) | 20.01 |
| Chandelier Exit (Short, 3 ATRs) | 21.84 |
| Upper Bollinger Bands | 24.75 |
| Lower Bollinger Band | 17.12 |
| Percent B (%b) | 0.79 |
| BandWidth | 36.42 |
| MACD Line | 0.53 |
| MACD Signal Line | 0.27 |
| MACD Histogram | 0.2556 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 25.55 | ||||
| Resistance 3 (R3) | 25.47 | 24.57 | 25.15 | ||
| Resistance 2 (R2) | 24.57 | 23.96 | 24.62 | 25.01 | |
| Resistance 1 (R1) | 23.85 | 23.58 | 24.21 | 23.94 | 24.88 |
| Pivot Point | 22.96 | 22.96 | 23.14 | 23.00 | 22.96 |
| Support 1 (S1) | 22.24 | 22.34 | 22.60 | 22.32 | 21.38 |
| Support 2 (S2) | 21.34 | 21.96 | 21.39 | 21.25 | |
| Support 3 (S3) | 20.62 | 21.34 | 21.11 | ||
| Support 4 (S4) | 20.71 |
