Technical Analysis for LABU - Direxion Daily S&P Biotech Bull 3X Shares

Grade Last Price % Change Price Change
B 146.16 1.61% 2.31
LABU closed up 1.61 percent on Friday, July 26, 2024, on approximately normal volume.
12 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New Uptrend Bullish 0.00%
Multiple of Ten Bearish Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Multiple of Ten Bearish Other 1.61%
Multiple of Ten Bullish Other 1.61%
Wide Bands Range Expansion 1.61%
Gapped Up Strength 1.61%
Multiple of Ten Bearish Other 7.51%
Inside Day Range Contraction 7.51%

   Recent Intraday Alerts

Alert Time
Gap Up Closed about 9 hours ago
60 Minute Opening Range Breakdown about 12 hours ago
Upper Bollinger Band Resistance about 13 hours ago
Up 1 ATR about 13 hours ago
2x Volume Pace about 13 hours ago

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Profile

The investment seeks daily investment results, of 300% of the performance of the S&P Biotechnology Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the biotechnology industry. The fund normally creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: swap agreements; options on securities and indices; forward contracts; reverse repurchase agreements; ETFs; and other financial instruments. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Index Fund Biotechnology Leveraged ETF Ultra ETF S&P 500 Index CBOE Repurchase Agreement Forward Contract

Top 10 Components

Symbol Grade Price % Change Allocation
UTHR A 0.55 1.65
EXAS F -6.33 1.64
GILD B 0.65 1.63
SRPT C -2.25 1.62
AMGN B 0.16 1.60
ALNY C -1.28 1.50
REGN B 1.36 1.49
ABBV A 1.64 1.47
VRTX A 0.61 1.47
INCY B 0.06 1.44

Is LABU 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 176.5382
52 Week Low 48.1756
Average Volume 1,738,414
200-Day Moving Average 107.57
50-Day Moving Average 117.99
20-Day Moving Average 128.39
10-Day Moving Average 138.83
Average True Range 8.43
RSI (14) 65.16
ADX 25.09
+DI 37.44
-DI 15.01
Chandelier Exit (Long, 3 ATRs) 127.26
Chandelier Exit (Short, 3 ATRs) 129.86
Upper Bollinger Bands 154.67
Lower Bollinger Band 102.11
Percent B (%b) 0.84
BandWidth 40.94
MACD Line 7.65
MACD Signal Line 6.60
MACD Histogram 1.0506
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 159.51
Resistance 3 (R3) 160.15 156.35 157.28
Resistance 2 (R2) 156.35 152.95 156.03 156.54
Resistance 1 (R1) 151.26 150.85 149.36 150.61 155.80
Pivot Point 147.45 147.45 146.50 147.13 147.45
Support 1 (S1) 142.36 144.06 140.46 141.71 136.52
Support 2 (S2) 138.56 141.96 138.23 135.78
Support 3 (S3) 133.46 138.56 135.04
Support 4 (S4) 132.81