Technical Analysis for TECS - Direxion Technology Bear 3X Shares

Grade Last Price % Change Price Change
grade F 15.81 7.19% 1.06
TECS closed up 7.19 percent on Friday, March 22, 2019, on 2.68 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical TECS trend table...

Date Alert Name Type % Chg
Mar 22 Jack-in-the-Box Bearish Bearish Swing Setup 0.00%
Mar 22 Pocket Pivot Bullish Swing Setup 0.00%
Mar 22 Lower Bollinger Band Walk Weakness 0.00%
Mar 22 Inside Day Range Contraction 0.00%
Mar 22 Lower Bollinger Band Touch Weakness 0.00%
Mar 22 Oversold Stochastic Weakness 0.00%
Mar 21 New 52 Week Closing Low Bearish 7.19%
Mar 21 Expansion Breakdown Bearish Swing Setup 7.19%
Mar 21 Lower Bollinger Band Walk Weakness 7.19%
Mar 21 New 52 Week Low Weakness 7.19%

Older signals for TECS ...

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Profile
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Technology Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.
Private Equity Semiconductors Telecommunications Services Communications Equipment Internet Software Technology Select Sector Index Seminconductor Equipment
Is TECS 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, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 35.47
52 Week Low 14.64
Average Volume 431,239
200-Day Moving Average 21.6229
50-Day Moving Average 19.8468
20-Day Moving Average 17.1145
10-Day Moving Average 16.269
Average True Range 0.7691
ADX 27.95
+DI 15.1752
-DI 37.3266
Chandelier Exit (Long, 3 ATRs ) 17.1727
Chandelier Exit (Short, 3 ATRs ) 16.9473
Upper Bollinger Band 19.2011
Lower Bollinger Band 15.0279
Percent B (%b) 0.19
BandWidth 24.384002
MACD Line -1.2209
MACD Signal Line -1.1868
MACD Histogram -0.0341
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.36
Resistance 3 (R3) 17.19 16.50 17.10
Resistance 2 (R2) 16.50 16.11 16.59 17.01
Resistance 1 (R1) 16.16 15.87 16.33 16.33 16.93
Pivot Point 15.47 15.47 15.56 15.56 15.47
Support 1 (S1) 15.13 15.08 15.30 15.30 14.69
Support 2 (S2) 14.44 14.84 14.53 14.61
Support 3 (S3) 14.10 14.44 14.52
Support 4 (S4) 14.27