Technical Analysis for MUTE - Direxion Daily Communication Services Index Bear 3X Shares

Grade Last Price % Change Price Change
grade A 17.9884 9.06% 1.49
MUTE closed up 9.06 percent on Friday, August 23, 2019, on 2.47 times normal volume.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent N/A Up Up
See historical MUTE trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Reversal New Highs Setup Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Outside Day Range Expansion 0.00%
Crossed Above 50 DMA Bullish 9.06%
Narrow Range Bar Range Contraction 9.06%
Gapped Up Strength 9.06%

Older signals for MUTE ...

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Profile
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the Communication Services Select Sector Index. The fund normally invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the fund's net assets. The index includes domestic companies from the communication services sector, which includes the following industries: diversified telecommunications services, wireless communication services, media, entertainment, and etc. The fund is non-diversified.
Exchange Traded Funds Inverse Exchange Traded Fund Telecommunications Services Wireless Communication Services
Is MUTE a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 25.92
52 Week Low 14.46
Average Volume 2,226
200-Day Moving Average 0.0
50-Day Moving Average 16.3909
20-Day Moving Average 16.4538
10-Day Moving Average 16.906
Average True Range 0.7182
ADX 16.61
+DI 46.4781
-DI 27.0652
Chandelier Exit (Long, 3 ATRs ) 15.8338
Chandelier Exit (Short, 3 ATRs ) 16.6146
Upper Bollinger Band 18.1637
Lower Bollinger Band 14.7439
Percent B (%b) 0.95
BandWidth 20.784257
MACD Line 0.2183
MACD Signal Line 0.12
MACD Histogram 0.0983
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.33
Resistance 3 (R3) 20.07 19.03 19.94
Resistance 2 (R2) 19.03 18.43 19.16 19.81
Resistance 1 (R1) 18.51 18.06 18.77 18.77 19.68
Pivot Point 17.47 17.47 17.60 17.60 17.47
Support 1 (S1) 16.95 16.87 17.21 17.21 16.30
Support 2 (S2) 15.91 16.51 16.04 16.17
Support 3 (S3) 15.39 15.91 16.04
Support 4 (S4) 15.65