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

Grade Last Price % Change Price Change
grade F 14.2534 1.00% 0.14
MUTE closed up 1.0 percent on Monday, November 11, 2019, on 14 percent of normal volume. 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 N/A Down Down
See historical MUTE trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 1.00%
Narrow Range Bar Range Contraction 1.00%
Inside Day Range Contraction 1.00%
Oversold Stochastic Weakness 1.00%
New 52 Week Closing Low Bearish 0.27%
Stochastic Buy Signal Bullish 0.27%
Gilligan's Island Buy Setup Bullish Swing Setup 0.27%

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: 0 bullish, 2 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 13.93
Average Volume 3,120
200-Day Moving Average 0.0
50-Day Moving Average 15.5201
20-Day Moving Average 15.1413
10-Day Moving Average 14.5219
Average True Range 0.4364
ADX 16.57
+DI 31.4152
-DI 46.2765
Chandelier Exit (Long, 3 ATRs ) 16.2908
Chandelier Exit (Short, 3 ATRs ) 15.2392
Upper Bollinger Band 16.7361
Lower Bollinger Band 13.5465
Percent B (%b) 0.22
BandWidth 21.065562
MACD Line -0.4221
MACD Signal Line -0.3195
MACD Histogram -0.1026
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.26
Resistance 3 (R3) 14.26 14.26 14.26
Resistance 2 (R2) 14.26 14.25 14.26 14.26
Resistance 1 (R1) 14.25 14.25 14.26 14.26 14.26
Pivot Point 14.25 14.25 14.25 14.25 14.25
Support 1 (S1) 14.25 14.25 14.25 14.25 14.25
Support 2 (S2) 14.25 14.25 14.25 14.25
Support 3 (S3) 14.25 14.25 14.25
Support 4 (S4) 14.25