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

Grade Last Price % Change Price Change
grade B 29.3351 -0.55% -0.16
NEED closed down 0.55 percent on Thursday, August 13, 2020, on 20 percent of normal volume. 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 Up Up Up
Historical NEED trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Walk Strength -0.55%
Above Upper BB Strength -0.55%
Overbought Stochastic Strength -0.55%
Upper Bollinger Band Touch Strength -0.55%
Bearish Engulfing Bearish 3.86%
Slingshot Bullish Bullish Swing Setup 3.86%
Outside Day Range Expansion 3.86%

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, 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 Fund ETF Exchange Traded Funds Food Leveraged ETF Ultra ETF S&P 500 Index CBOE Inverse Exchange Traded Fund Food Products Household Products

Top 10 Components

Symbol Grade Percentage
PG 3.16
WMT 1.90
PEP 1.90
KO 1.84
COST 0.88
MO 0.88
MDLZ 0.88
PM 0.86
CL 0.73
KMB 0.56
View All NEED Holdings

Is NEED 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 37.05
52 Week Low 14.825
Average Volume 11,649
200-Day Moving Average 27.81
50-Day Moving Average 25.05
20-Day Moving Average 27.50
10-Day Moving Average 28.33
Average True Range 0.80
ADX 32.07
+DI 33.07
-DI 11.75
Chandelier Exit (Long, 3 ATRs ) 27.36
Chandelier Exit (Short, 3 ATRs ) 27.43
Upper Bollinger Band 29.68
Lower Bollinger Band 25.33
Percent B (%b) 0.92
BandWidth 15.82
MACD Line 1.21
MACD Signal Line 1.14
MACD Histogram 0.0677
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.89
Resistance 3 (R3) 29.89 29.71 29.80
Resistance 2 (R2) 29.71 29.57 29.71 29.77
Resistance 1 (R1) 29.52 29.48 29.43 29.52 29.74
Pivot Point 29.34 29.34 29.30 29.34 29.34
Support 1 (S1) 29.15 29.20 29.06 29.15 28.93
Support 2 (S2) 28.97 29.11 28.97 28.90
Support 3 (S3) 28.78 28.97 28.87
Support 4 (S4) 28.78