Technical Analysis for NAIL - Direxion Daily Homebuilders & Supplies Bull 3X Shares

Grade Last Price % Change Price Change
C 109.30 -3.48% -3.93
NAIL closed up 8.17 percent on Tuesday, April 23, 2024, on 1.44 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
6 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Multiple of Ten Bullish Other -3.48%
Wide Bands Range Expansion -3.48%
Oversold Stochastic Weakness -3.48%
Stochastic Buy Signal Bullish 4.41%
Inside Day Range Contraction 4.41%
Wide Bands Range Expansion 4.41%
Gapped Up Strength 4.41%
Oversold Stochastic Weakness 4.41%
Multiple of Ten Bullish Other 7.09%
Wide Bands Range Expansion 7.09%

   Recent Intraday Alerts

Alert Time
Down 5% about 2 hours ago
Fell Below 10 DMA about 3 hours ago
10 DMA Support about 3 hours ago
Down 3% about 3 hours ago
60 Minute Opening Range Breakdown about 3 hours ago

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Profile

The investment seeks daily investment results of 300% of the performance of the Dow Jones U.S. Select Home Construction Index. 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. The index measures U.S. companies in the home construction sector that provide a wide range of products and services related to homebuilding, including home construction and producers, sellers and suppliers of building materials, furnishings and fixtures and also home improvement retailers. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Building Materials Home Improvement Retailer Improvement Retailers Dow Jones U.S. Select Home Construction Index

Top 10 Components

Symbol Grade Price % Change Allocation
DHI C -1.34 9.47
LEN C -1.22 8.26
NVR A -0.37 5.23
PHM B -0.66 4.92
LOW C -1.57 2.91
SHW D -0.07 2.86
BLD D -1.53 2.76
HD C -1.78 2.74
TOL B -1.34 2.62
BLDR C -0.35 2.04

Is NAIL 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 153.37
52 Week Low 39.9714
Average Volume 208,775
200-Day Moving Average 88.73
50-Day Moving Average 124.01
20-Day Moving Average 124.24
10-Day Moving Average 110.05
Average True Range 8.04
RSI (14) 44.13
ADX 23.32
+DI 20.16
-DI 28.51
Chandelier Exit (Long, 3 ATRs) 129.26
Chandelier Exit (Short, 3 ATRs) 124.02
Upper Bollinger Bands 155.31
Lower Bollinger Band 93.17
Percent B (%b) 0.32
BandWidth 50.02
MACD Line -6.40
MACD Signal Line -3.94
MACD Histogram -2.4582
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 128.91
Resistance 3 (R3) 127.34 120.54 126.30
Resistance 2 (R2) 120.54 116.55 121.33 125.43
Resistance 1 (R1) 116.89 114.08 118.71 118.46 124.56
Pivot Point 110.09 110.09 111.00 110.87 110.09
Support 1 (S1) 106.43 106.09 108.26 108.00 101.90
Support 2 (S2) 99.63 103.62 100.42 101.03
Support 3 (S3) 95.98 99.63 100.16
Support 4 (S4) 97.55