Technical Analysis for PASS - Direxion Daily Consumer Discretionary Bear 3X Shares

Grade Last Price % Change Price Change
grade F 25.16 -2.50% -0.65
PASS closed down 2.5 percent on Tuesday, January 15, 2019, on 4.19 times normal volume. The bears made the stock sink to a new 52-week low. 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 Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent N/A N/A Down
See historical PASS trend table...

Date Alert Name Type % Chg
Jan 15 New 52 Week Closing Low Bearish 0.00%
Jan 15 Volume Surge Other 0.00%
Jan 15 Narrow Range Bar Range Contraction 0.00%
Jan 15 New 52 Week Low Weakness 0.00%
Jan 15 Wide Bands Range Expansion 0.00%
Jan 15 Oversold Stochastic Weakness 0.00%
Jan 14 Stochastic Buy Signal Bullish -2.50%
Jan 14 Narrow Range Bar Range Contraction -2.50%
Jan 14 Wide Bands Range Expansion -2.50%
Jan 14 Oversold Stochastic Weakness -2.50%

Older signals for PASS ...

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Profile
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Consumer Discretionary Select Sector Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes).The index is provided by S&P Dow Jones Indices and includes domestic companies from the consumer discretionary sector. It is non-diversified.
Is PASS a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 1 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 38.36
52 Week Low 25.027
Average Volume 3,486
200-Day Moving Average 0.0
50-Day Moving Average 0.0
20-Day Moving Average 29.8612
10-Day Moving Average 26.8388
Average True Range 1.5242
ADX 13.82
+DI 32.8091
-DI 35.7408
Chandelier Exit (Long, 3 ATRs ) 33.7874
Chandelier Exit (Short, 3 ATRs ) 29.5996
Upper Bollinger Band 37.5037
Lower Bollinger Band 22.2187
Percent B (%b) 0.19
BandWidth 51.186824
MACD Line -1.7257
MACD Signal Line -0.9495
MACD Histogram -0.7762
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.09
Resistance 3 (R3) 26.15 25.90 25.93
Resistance 2 (R2) 25.90 25.66 25.87 25.88
Resistance 1 (R1) 25.53 25.51 25.40 25.47 25.83
Pivot Point 25.28 25.28 25.21 25.25 25.28
Support 1 (S1) 24.91 25.04 24.78 24.85 24.49
Support 2 (S2) 24.66 24.90 24.63 24.44
Support 3 (S3) 24.29 24.66 24.39
Support 4 (S4) 24.23