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

Grade Last Price % Change Price Change
D 24.04 -2.36% -0.58
LABD closed up 9.18 percent on Thursday, March 4, 2021, on 2.24 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up
Historical LABD trend table...

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup -2.36%
Upper Bollinger Band Walk Strength -2.36%
Wide Bands Range Expansion -2.36%
Above Upper BB Strength -2.36%
Overbought Stochastic Strength -2.36%
Up 3 Days in a Row Strength -2.36%
Upper Bollinger Band Touch Strength -2.36%
MACD Bullish Centerline Cross Bullish 6.61%
Pocket Pivot Bullish Swing Setup 6.61%
Stochastic Reached Overbought Strength 6.61%
Older End-of-Day Signals for LABD ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Pocket Pivot 20 minutes ago
Rose Above Previous Day's High 35 minutes ago
3x Volume Pace 35 minutes ago
2x Volume Pace 35 minutes ago
1.5x Volume Pace 35 minutes ago
View Earlier Intraday Alerts

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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.
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

Symbol Grade Price % Change Allocation
NVTA F -5.00 1.95
EXEL F 2.23 1.91
BMRN F 0.65 1.89
GBT F 0.25 1.87
BLUE F -0.32 1.87
VRTX F 1.25 1.84
SAGE D 5.49 1.80
UTHR C 1.98 1.78
REGN F 1.69 1.77
ALXN D 0.71 1.76
View All LABD Holdings

Is LABD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 575.0
52 Week Low 12.3001
Average Volume 2,875,020
200-Day Moving Average 50.06
50-Day Moving Average 19.09
20-Day Moving Average 17.04
10-Day Moving Average 19.42
Average True Range 2.13
ADX 29.79
+DI 44.62
-DI 13.86
Chandelier Exit (Long, 3 ATRs ) 19.48
Chandelier Exit (Short, 3 ATRs ) 18.69
Upper Bollinger Band 23.17
Lower Bollinger Band 10.90
Percent B (%b) 1.12
BandWidth 72.03
MACD Line 0.79
MACD Signal Line -0.29
MACD Histogram 1.0827
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.68
Resistance 3 (R3) 30.42 28.15 29.67
Resistance 2 (R2) 28.15 26.60 28.28 29.33
Resistance 1 (R1) 26.38 25.65 27.27 26.64 29.00
Pivot Point 24.11 24.11 24.55 24.24 24.11
Support 1 (S1) 22.34 22.56 23.23 22.60 20.24
Support 2 (S2) 20.07 21.61 20.20 19.91
Support 3 (S3) 18.30 20.07 19.57
Support 4 (S4) 18.56