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

Grade Last Price % Change Price Change
C 91.66 3.04% 2.70
NAIL closed up 3.04 percent on Friday, May 14, 2021, on 1.32 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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 EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical NAIL trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Crossed Above 50 DMA Bullish 3.04%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 3.04%
Calm After Storm Range Contraction 3.04%
Older End-of-Day Signals for NAIL ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 10 hours ago
3x Volume Pace about 14 hours ago
2x Volume Pace about 14 hours ago
1.5x Volume Pace about 14 hours ago
Non-ADX 1,2,3,4 Pullback Entry about 15 hours ago
View Earlier Intraday Alerts

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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 Building Material Home Improvement Retailer Improvement Retailers Dow Jones U.S. Select Home Construction Index

Top 10 Components

Symbol Grade Price % Change Allocation
DHI C 1.39 11.39
NVR C 0.49 5.96
PHM C 0.69 5.47
HD B -0.55 3.80
LOW C -0.71 3.73
SHW A 0.10 3.72
TOL C 2.01 2.46
BLD C 2.77 2.40
MAS B 0.60 1.73
FBHS B 0.55 1.57
View All NAIL Holdings

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 117.65
52 Week Low 19.03
Average Volume 535,351
200-Day Moving Average 59.40
50-Day Moving Average 83.77
20-Day Moving Average 96.16
10-Day Moving Average 99.66
Average True Range 7.18
ADX 23.2
+DI 25.28
-DI 31.80
Chandelier Exit (Long, 3 ATRs ) 96.12
Chandelier Exit (Short, 3 ATRs ) 101.65
Upper Bollinger Band 112.33
Lower Bollinger Band 79.98
Percent B (%b) 0.36
BandWidth 33.63
MACD Line 2.94
MACD Signal Line 5.22
MACD Histogram -2.279
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 96.80
Resistance 3 (R3) 96.62 94.72 95.95
Resistance 2 (R2) 94.72 93.41 94.81 95.66
Resistance 1 (R1) 93.19 92.60 92.24 93.37 95.38
Pivot Point 91.29 91.29 90.82 91.38 91.29
Support 1 (S1) 89.76 89.98 88.81 89.95 87.94
Support 2 (S2) 87.86 89.17 87.95 87.66
Support 3 (S3) 86.33 87.86 87.37
Support 4 (S4) 86.52