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

Grade Last Price % Change Price Change
D 110.44 1.95% 2.11
LABU closed up 1.95 percent on Friday, February 26, 2021, on 1.93 times 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.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Doji - Bullish? Reversal 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish 1.95%
Multiple of Ten Bearish Other 1.95%
Outside Day Range Expansion 1.95%
Wide Bands Range Expansion 1.95%
Oversold Stochastic Weakness 1.95%
Older End-of-Day Signals for LABU ...

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

Alert Time
Lower Bollinger Band Support about 18 hours ago
3x Volume Pace about 19 hours ago
Down 5% about 19 hours ago
Fell Below Lower Bollinger Band about 19 hours ago
2x Volume Pace about 19 hours 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, 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 Technology Industry

Top 10 Components

Symbol Grade Price % Change Allocation
SRNE D -4.45 0.20
NVTA F 0.83 0.17
EXAS D 3.67 0.16
ARWR D -3.09 0.16
OPK D 1.81 0.16
BPMC D 2.22 0.16
ARCT F 2.41 0.15
SGEN F 0.68 0.15
MRTX D 2.72 0.15
TWST F 2.38 0.15
View All LABU Holdings

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 185.61
52 Week Low 12.64
Average Volume 974,628
200-Day Moving Average 77.41
50-Day Moving Average 128.48
20-Day Moving Average 143.09
10-Day Moving Average 129.73
Average True Range 14.65
ADX 26.24
+DI 16.52
-DI 34.00
Chandelier Exit (Long, 3 ATRs ) 141.66
Chandelier Exit (Short, 3 ATRs ) 144.51
Upper Bollinger Band 183.22
Lower Bollinger Band 102.95
Percent B (%b) 0.09
BandWidth 56.11
MACD Line -3.60
MACD Signal Line 2.77
MACD Histogram -6.3671
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 133.35
Resistance 3 (R3) 132.60 124.21 129.53
Resistance 2 (R2) 124.21 118.38 124.59 128.25
Resistance 1 (R1) 117.33 114.78 113.14 118.08 126.98
Pivot Point 108.94 108.94 106.85 109.32 108.94
Support 1 (S1) 102.06 103.11 97.87 102.81 93.90
Support 2 (S2) 93.67 99.51 94.05 92.63
Support 3 (S3) 86.79 93.67 91.35
Support 4 (S4) 87.54