Technical Analysis for RUSL - Direxion Daily Russia Bull 3x Shares

Grade Last Price % Change Price Change
grade D 18.11 -2.84% -0.53
RUSL closed down 2.84 percent on Friday, August 7, 2020, on 48 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 Down Up Up
Historical RUSL trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Narrow Range Bar Range Contraction -2.84%
NR7 Range Contraction -2.84%
Overbought Stochastic Strength -2.84%
Pocket Pivot Bullish Swing Setup -3.67%
Stochastic Reached Overbought Strength -3.67%
Above Upper BB Strength -3.67%
Gapped Up Strength -3.67%

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Market Vectors Russia Index. The fund 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 is a rules-based index, intended to represent the overall performance of publically traded companies that are domiciled and primarily listed on an exchange in Russia or that are not Russian companies, but nonetheless generate at least 50% of their revenues in Russia. The fund is non-diversified.
Exchange Traded Fund ETF Exchange Traded Funds Index Fund Leveraged ETF Ultra ETF

Is RUSL 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 83.0
52 Week Low 5.66
Average Volume 333,615
200-Day Moving Average 36.99
50-Day Moving Average 16.65
20-Day Moving Average 17.33
10-Day Moving Average 17.96
Average True Range 0.62
ADX 17.43
+DI 36.05
-DI 24.53
Chandelier Exit (Long, 3 ATRs ) 17.06
Chandelier Exit (Short, 3 ATRs ) 17.20
Upper Bollinger Band 19.05
Lower Bollinger Band 15.60
Percent B (%b) 0.73
BandWidth 19.90
MACD Line 0.55
MACD Signal Line 0.48
MACD Histogram 0.0672
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.58
Resistance 3 (R3) 18.56 18.39 18.50
Resistance 2 (R2) 18.39 18.27 18.40 18.47
Resistance 1 (R1) 18.25 18.20 18.17 18.27 18.45
Pivot Point 18.08 18.08 18.04 18.09 18.08
Support 1 (S1) 17.94 17.96 17.86 17.96 17.77
Support 2 (S2) 17.77 17.89 17.78 17.75
Support 3 (S3) 17.63 17.77 17.72
Support 4 (S4) 17.65