Technical Analysis for LABD - Direxion Daily S&P Biotech Bear 3X Shares
|Grade||Last Price||% Change||Price Change|
LABD closed down 1.26 percent on Friday, April 28, 2017, on 61 percent of 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 Alerts
|Weak or Absent||Down||Down||Down|
|See historical LABD trend table...|
|Date||Alert Name||Type||% Chg|
|Apr 28||Doji - Bullish?||Reversal||0.00%|
|Apr 28||Lower Bollinger Band Walk||Other||0.00%|
|Apr 27||Lower Bollinger Band Walk||Other||-1.26%|
|Apr 26||NR7||Range Contraction||-3.97%|
|Apr 26||Narrow Range Bar||Range Contraction||-3.97%|
|Apr 26||Lower Bollinger Band Walk||Other||-3.97%|
|Apr 25||Stochastic Reached Oversold||Other||-3.68%|
|Apr 25||Bollinger Band Squeeze||Range Contraction||-3.68%|
|Apr 24||Fell Below 50 DMA||Bearish||-9.59%|
|Apr 24||Bollinger Band Squeeze||Range Contraction||-9.59%|
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, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more LABD news...
|52 Week High||55.83|
|52 Week Low||9.33|
|200-Day Moving Average||17.1405|
|50-Day Moving Average||10.6306|
|20-Day Moving Average||10.7765|
|10-Day Moving Average||10.352|
|Average True Range||0.5846|
|Chandelier Exit (Long, 3 ATRs)||10.3262|
|Chandelier Exit (Short, 3 ATRs)||11.0938|
|Upper Bollinger Band||12.0982|
|Lower Bollinger Band||9.4548|
|Percent B (%b)||-0.01|