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

Grade Last Price % Change Price Change
grade D 43.45 -0.46% -0.20
NAIL closed down 0.46 percent on Thursday, August 6, 2020, on 35 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. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up
Historical NAIL trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
NR7 Range Contraction -0.46%
NR7-2 Range Contraction -0.46%
Doji - Bearish? Reversal -0.46%
Wide Bands Range Expansion -0.46%

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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.
Exchange Traded Fund ETF Index Leveraged ETF Ultra ETF Building Materials Dow Jones U.S. Select Home Construction Index

Top 10 Components

Symbol Grade Percentage
DHI 2.32
LEN 2.11
NVR 1.28
PHM 1.04
LOW 0.73
SHW 0.69
HD 0.68
MAS 0.51
BLD 0.46
TOL 0.45
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 98.55
52 Week Low 4.76
Average Volume 1,924,774
200-Day Moving Average 48.34
50-Day Moving Average 31.31
20-Day Moving Average 37.21
10-Day Moving Average 41.82
Average True Range 2.86
ADX 41.57
+DI 31.70
-DI 8.96
Chandelier Exit (Long, 3 ATRs ) 35.75
Chandelier Exit (Short, 3 ATRs ) 34.72
Upper Bollinger Band 47.97
Lower Bollinger Band 26.45
Percent B (%b) 0.79
BandWidth 57.81
MACD Line 4.06
MACD Signal Line 3.70
MACD Histogram 0.3549
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.40
Resistance 3 (R3) 45.46 44.86 45.08
Resistance 2 (R2) 44.86 44.37 44.84 44.97
Resistance 1 (R1) 44.16 44.06 43.86 44.10 44.86
Pivot Point 43.56 43.56 43.42 43.54 43.56
Support 1 (S1) 42.86 43.07 42.56 42.80 42.04
Support 2 (S2) 42.26 42.76 42.24 41.93
Support 3 (S3) 41.56 42.26 41.83
Support 4 (S4) 41.50