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

Grade Last Price % Change Price Change
grade B 22.237 -3.57% -0.82
NEED closed down 3.57 percent on Thursday, February 14, 2019, on 51 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent N/A Up Flat
See historical NEED trend table...

Date Alert Name Type % Chg
Feb 14 Stochastic Sell Signal Bearish 0.00%
Feb 14 Overbought Stochastic Strength 0.00%
Feb 14 Gapped Down Weakness 0.00%
Feb 13 Pocket Pivot Bullish Swing Setup -3.57%
Feb 13 Narrow Range Bar Range Contraction -3.57%
Feb 13 Gapped Up Strength -3.57%
Feb 13 Overbought Stochastic Strength -3.57%
Feb 13 Up 3 Days in a Row Strength -3.57%
Feb 13 Up 4 Days in a Row Strength -3.57%
Feb 12 Narrow Range Bar Range Contraction -2.98%

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: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 25.82
52 Week Low 16.84
Average Volume 4,490
200-Day Moving Average 0.0
50-Day Moving Average 20.9301
20-Day Moving Average 21.2822
10-Day Moving Average 22.1764
Average True Range 0.5458
ADX 23.75
+DI 38.3895
-DI 29.2405
Chandelier Exit (Long, 3 ATRs ) 21.4626
Chandelier Exit (Short, 3 ATRs ) 21.2574
Upper Bollinger Band 23.3641
Lower Bollinger Band 19.2003
Percent B (%b) 0.73
BandWidth 19.564707
MACD Line 0.5039
MACD Signal Line 0.2743
MACD Histogram 0.2296
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.71
Resistance 3 (R3) 22.73 22.60 22.63
Resistance 2 (R2) 22.60 22.48 22.59 22.60
Resistance 1 (R1) 22.42 22.41 22.51 22.39 22.57
Pivot Point 22.29 22.29 22.34 22.28 22.29
Support 1 (S1) 22.11 22.17 22.20 22.08 21.90
Support 2 (S2) 21.98 22.10 21.97 21.87
Support 3 (S3) 21.80 21.98 21.85
Support 4 (S4) 21.77