Technical Analysis for NEED - Direxion Daily Consumer Staples Bull 3X Shares

Grade Last Price % Change Price Change
grade A 26.0686 0.13% 0.03
NEED closed up 0.13 percent on Thursday, April 18, 2019, on 76 percent of normal volume. The bulls were able to push the stock to a new 52-week high. 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 N/A Up Up
See historical NEED trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 0.13%
New Uptrend Bullish 0.13%
New 52 Week High Strength 0.13%
Upper Bollinger Band Walk Strength 0.13%

Older signals for NEED ...

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Profile
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Consumer Staples Select Sector Index (the "index"). The fund normally invests at least 80% of its net assets in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index includes domestic companies from the consumer staples sector which includes the following industries: food and staples retailing; household products; food products; beverages; tobacco; and personal products. The fund is non-diversified.
Exchange Traded Funds Food S&P 500 Index Cboe Inverse Exchange Traded Fund Food Products Household Products
Is NEED a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 26.2399
52 Week Low 16.84
Average Volume 2,025
200-Day Moving Average 0.0
50-Day Moving Average 23.5667
20-Day Moving Average 24.7769
10-Day Moving Average 25.1816
Average True Range 0.3675
ADX 26.5
+DI 49.0116
-DI 18.1643
Chandelier Exit (Long, 3 ATRs ) 25.1374
Chandelier Exit (Short, 3 ATRs ) 24.2099
Upper Bollinger Band 26.0596
Lower Bollinger Band 23.4942
Percent B (%b) 1.0
BandWidth 10.353999
MACD Line 0.6748
MACD Signal Line 0.5817
MACD Histogram 0.0931
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.41
Resistance 3 (R3) 26.43 26.34 26.36
Resistance 2 (R2) 26.34 26.25 26.33 26.34
Resistance 1 (R1) 26.20 26.19 26.15 26.18 26.32
Pivot Point 26.11 26.11 26.08 26.10 26.11
Support 1 (S1) 25.97 26.02 25.92 25.95 25.82
Support 2 (S2) 25.88 25.96 25.87 25.80
Support 3 (S3) 25.74 25.88 25.78
Support 4 (S4) 25.72