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

Grade Last Price % Change Price Change
D 128.19 0.58% 0.74
NAIL closed up 0.58 percent on Wednesday, November 20, 2024, on 33 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to bounce off of its 200 day moving average, an important long-term support line.
5 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
200 DMA Support Bullish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
200 DMA Support Bullish 0.58%
BB Squeeze Ended Range Expansion 0.58%
Down 3 Days in a Row Weakness 0.58%
Gapped Down Weakness 0.58%
Lower Bollinger Band Touch Weakness 0.58%
200 DMA Support Bullish -0.03%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 16 hours ago
Possible Inside Day about 16 hours ago
60 Minute Opening Range Breakout about 17 hours ago
200 DMA Support about 20 hours ago
Fell Below 200 DMA about 20 hours ago

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.

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 D 0.51 7.51
LEN D -0.31 6.35
NVR D 0.50 4.44
PHM D -0.35 4.23
HD C -1.67 2.73
LOW C 1.45 2.73
SHW C -0.49 2.59
TOL B 0.11 2.46
BLD F 0.29 1.71
BLDR F -2.23 1.67

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 178.0
52 Week Low 67.1609
Average Volume 370,170
200-Day Moving Average 127.13
50-Day Moving Average 150.56
20-Day Moving Average 134.24
10-Day Moving Average 132.89
Average True Range 8.39
RSI (14) 40.48
ADX 21.9
+DI 16.98
-DI 31.70
Chandelier Exit (Long, 3 ATRs) 125.48
Chandelier Exit (Short, 3 ATRs) 140.54
Upper Bollinger Bands 145.73
Lower Bollinger Band 122.74
Percent B (%b) 0.24
BandWidth 17.13
MACD Line -5.75
MACD Signal Line -5.45
MACD Histogram -0.2979
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 133.31
Resistance 3 (R3) 132.87 130.73 132.46
Resistance 2 (R2) 130.73 129.43 130.95 132.17
Resistance 1 (R1) 129.46 128.62 130.10 129.90 131.89
Pivot Point 127.32 127.32 127.64 127.54 127.32
Support 1 (S1) 126.05 126.02 126.69 126.48 124.49
Support 2 (S2) 123.91 125.21 124.13 124.21
Support 3 (S3) 122.64 123.91 123.93
Support 4 (S4) 123.07