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

Grade Last Price % Change Price Change
F 87.51 4.53% 3.79
LABU closed up 4.53 percent on Friday, April 26, 2024, on 84 percent of normal volume. 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.
9 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Reached Oversold Weakness 4.53%
Wide Bands Range Expansion 4.53%
Gapped Down Weakness 4.53%
Oversold Stochastic Weakness 4.53%
Multiple of Ten Bearish Other -2.11%
Wide Bands Range Expansion -2.11%
Oversold Stochastic Weakness -2.11%

   Recent Intraday Alerts

Alert Time
Up 5% about 20 hours ago
60 Minute Opening Range Breakout about 21 hours ago
Rose Above Previous Day's High about 23 hours ago
2x Volume Pace about 23 hours ago
1.5x Volume Pace about 23 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
ALPN A -0.09 1.33
RVMD A 1.78 0.91
EXAS F 0.10 0.84
BMRN D -1.53 0.84
CRNX B -0.40 0.83
EXEL A 0.72 0.83
MRNA B 1.69 0.82
CERE A 0.95 0.82
CYTK D 0.83 0.81
AMGN D 0.22 0.80

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 176.7633
52 Week Low 48.237
Average Volume 2,669,978
200-Day Moving Average 102.12
50-Day Moving Average 125.57
20-Day Moving Average 102.36
10-Day Moving Average 90.08
Average True Range 8.60
RSI (14) 34.64
ADX 29.08
+DI 16.85
-DI 35.37
Chandelier Exit (Long, 3 ATRs) 110.71
Chandelier Exit (Short, 3 ATRs) 106.20
Upper Bollinger Bands 128.88
Lower Bollinger Band 75.84
Percent B (%b) 0.22
BandWidth 51.81
MACD Line -11.21
MACD Signal Line -10.38
MACD Histogram -0.8321
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 97.62
Resistance 3 (R3) 96.91 92.82 95.94
Resistance 2 (R2) 92.82 90.25 93.18 95.37
Resistance 1 (R1) 90.17 88.66 91.50 90.88 94.81
Pivot Point 86.08 86.08 86.75 86.44 86.08
Support 1 (S1) 83.43 83.51 84.76 84.14 80.21
Support 2 (S2) 79.34 81.92 79.70 79.65
Support 3 (S3) 76.69 79.34 79.09
Support 4 (S4) 77.40