Technical Analysis for TMF - Direxion Daily 20-Yr Treasury Bull 3x Shrs

Grade Last Price % Change Price Change
grade C 44.84 -2.52% -1.16
TMF closed down 2.52 percent on Monday, August 3, 2020, on 1.4 times 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 Up Up Flat
Historical TMF trend table...

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
Slingshot Bullish Bullish Swing Setup -2.52%
Outside Day Range Expansion -2.52%
Overbought Stochastic Strength -2.52%
Narrow Range Bar Range Contraction -2.94%
NR7 Range Contraction -2.94%
Gapped Up Strength -2.94%
Overbought Stochastic Strength -2.94%

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE 20 Year Plus Treasury Bond Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in U.S. government securities that comprise the NYSE 20 Year Plus Treasury Bond Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a multi-security index that includes all qualified U.S. Treasury bonds. The fund is non-diversified.
Exchange Traded Fund ETF Bond Leveraged ETF Ultra ETF U.S. Treasury Bloomberg Barclays Us Aggregate Bond Index U.S. Government New York Stock Exchange

Is TMF 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 58.2952
52 Week Low 25.38
Average Volume 1,171,531
200-Day Moving Average 35.75
50-Day Moving Average 41.11
20-Day Moving Average 43.74
10-Day Moving Average 44.91
Average True Range 1.21
ADX 20.76
+DI 28.51
-DI 21.50
Chandelier Exit (Long, 3 ATRs ) 42.80
Chandelier Exit (Short, 3 ATRs ) 42.84
Upper Bollinger Band 46.56
Lower Bollinger Band 40.93
Percent B (%b) 0.69
BandWidth 12.87
MACD Line 1.26
MACD Signal Line 1.15
MACD Histogram 0.1094
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 46.04
Resistance 3 (R3) 46.09 45.74 45.84
Resistance 2 (R2) 45.74 45.43 45.72 45.77
Resistance 1 (R1) 45.29 45.25 45.52 45.24 45.71
Pivot Point 44.94 44.94 45.05 44.92 44.94
Support 1 (S1) 44.49 44.63 44.72 44.44 43.97
Support 2 (S2) 44.14 44.45 44.12 43.91
Support 3 (S3) 43.69 44.14 43.84
Support 4 (S4) 43.64