Technical Analysis for LABD - Direxion Daily S&P Biotech Bear 3X Shares
|Grade||Last Price||% Change||Price Change|
LABD closed down 4.17 percent on Friday, June 23, 2017, on 3.31 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Trend Table & Recent Alerts
|See historical LABD trend table...|
|Date||Alert Name||Type||% Chg|
|Jun 23||New 52 Week Low||Bearish||0.00%|
|Jun 23||Volume Surge||Other||0.00%|
|Jun 23||New Downtrend||Bearish||0.00%|
|Jun 23||Lower Bollinger Band Walk||Other||0.00%|
|Jun 22||New 52 Week Low||Bearish||-4.17%|
Get this analysis on your stocks daily!
Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio.
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&#39;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|
|Oversold / Overbought|
|Summary:||Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more LABD news...
|52 Week High||45.75|
|52 Week Low||6.18|
|200-Day Moving Average||14.2881|
|50-Day Moving Average||9.6272|
|20-Day Moving Average||8.8785|
|10-Day Moving Average||7.995|
|Average True Range||0.6301|
|Chandelier Exit (Long, 3 ATRs)||9.4297|
|Chandelier Exit (Short, 3 ATRs)||8.0703|
|Upper Bollinger Band||11.4095|
|Lower Bollinger Band||6.3475|
|Percent B (%b)||-0.03|
|MACD Signal Line||-0.538|