Technical Analysis for MIDZ - Direxion Mid Cap Bear 3X Shares

Grade Last Price % Change Price Change
grade F 49.41 0.26% 0.13
MIDZ closed down 1.59 percent on Monday, October 21, 2019, on 1.32 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical MIDZ trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.26%
Narrow Range Bar Range Contraction 0.26%
Gapped Down Weakness 0.26%
Oversold Stochastic Weakness 0.26%
Calm After Storm Range Contraction -1.33%
Narrow Range Bar Range Contraction -1.33%
Multiple of Ten Bullish Other -1.33%
Oversold Stochastic Weakness -1.33%
180 Bearish Setup Bearish Swing Setup -0.96%
Calm After Storm Range Contraction -0.96%

Older signals for MIDZ ...

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the S&P MidCap® 400 Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the mid-cap segment of the U.S. equity universe. The fund is non-diversified.
Exchange Traded Funds Futures Contract S&P 500 Index Cboe Silver Exchange Traded Product Short
Is MIDZ a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 106.595
52 Week Low 48.2385
Average Volume 3,398
200-Day Moving Average 56.495
50-Day Moving Average 53.6256
20-Day Moving Average 52.3388
10-Day Moving Average 52.2272
Average True Range 1.6308
ADX 16.12
+DI 29.2594
-DI 39.8153
Chandelier Exit (Long, 3 ATRs ) 52.0675
Chandelier Exit (Short, 3 ATRs ) 53.6024
Upper Bollinger Band 56.5977
Lower Bollinger Band 48.0799
Percent B (%b) 0.14
BandWidth 16.274351
MACD Line -0.6354
MACD Signal Line -0.2254
MACD Histogram -0.41
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.14
Resistance 3 (R3) 50.04 49.66 49.99
Resistance 2 (R2) 49.66 49.44 49.71 49.94
Resistance 1 (R1) 49.47 49.31 49.57 49.57 49.90
Pivot Point 49.09 49.09 49.14 49.14 49.09
Support 1 (S1) 48.90 48.87 49.00 49.00 48.66
Support 2 (S2) 48.52 48.74 48.57 48.62
Support 3 (S3) 48.33 48.52 48.57
Support 4 (S4) 48.43