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

Grade Last Price % Change Price Change
grade F 60.47 -7.81% -5.12
LABD closed down 7.81 percent on Friday, September 25, 2020, on 1.46 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up
Historical LABD trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Wide Bands Range Expansion 0.00%
20 DMA Resistance Bearish -7.81%
Crossed Above 50 DMA Bullish -7.81%
New Uptrend Bullish -7.81%
Wide Bands Range Expansion -7.81%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -4.95%
Multiple of Ten Bullish Other -4.95%
Outside Day Range Expansion -4.95%
Older End-of-Day Gignals for LABD ...

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

Alert Time
60 Minute Opening Range Breakdown about 13 hours ago
Down 5% about 18 hours ago
Fell Below Previous Day's Low about 18 hours ago
3x Volume Pace about 18 hours ago
2x Volume Pace about 18 hours ago
View Earlier Intraday Alerts

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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.
Exchange Traded Fund ETF Exchange Traded Funds Biotechnology Leveraged ETF Ultra ETF S&P 500 Index CBOE Bear Market ETF Inverse ETF Short Financial Regulation Biotechnology Industry

Top 10 Components

Symbol Grade Percentage
NVTA 1.95
EXEL 1.91
BMRN 1.89
GBT 1.87
BLUE 1.87
VRTX 1.84
SAGE 1.80
UTHR 1.78
REGN 1.77
ALXN 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 576.4
52 Week Low 52.76
Average Volume 538,882
200-Day Moving Average 164.62
50-Day Moving Average 64.77
20-Day Moving Average 65.32
10-Day Moving Average 59.00
Average True Range 6.08
ADX 24.98
+DI 22.46
-DI 25.50
Chandelier Exit (Long, 3 ATRs ) 66.62
Chandelier Exit (Short, 3 ATRs ) 71.01
Upper Bollinger Band 80.48
Lower Bollinger Band 50.16
Percent B (%b) 0.34
BandWidth 46.42
MACD Line -1.94
MACD Signal Line -1.60
MACD Histogram -0.3446
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 69.46
Resistance 3 (R3) 70.33 68.22 67.96
Resistance 2 (R2) 68.22 65.93 67.78 67.46
Resistance 1 (R1) 64.34 64.51 63.29 63.47 66.96
Pivot Point 62.23 62.23 61.70 61.79 62.23
Support 1 (S1) 58.35 59.94 57.30 57.48 53.98
Support 2 (S2) 56.24 58.52 55.80 53.48
Support 3 (S3) 52.36 56.24 52.98
Support 4 (S4) 51.49