Technical Analysis for TMV - Direxion Daily 30-Yr Treasury Bear 3x Shrs

Grade Last Price % Change Price Change
grade F 45.89 3.24% 1.44
TMV closed down 2.37 percent on Tuesday, August 4, 2020, on 88 percent of 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 Down Down Flat
Historical TMV trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 3.24%
New 52 Week Low Weakness 3.24%
Gapped Down Weakness 3.24%
Oversold Stochastic Weakness 3.24%
Slingshot Bearish Bearish Swing Setup 0.79%
Stochastic Buy Signal Bullish 0.79%
Oversold Stochastic Weakness 0.79%
Slingshot Bearish Bearish Swing Setup 1.84%
New 52 Week Low Weakness 1.84%
Outside Day Range Expansion 1.84%

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the NYSE 20 Year Plus Treasury Bond Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, 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 Exchange Traded Funds Leveraged ETF Ultra ETF Bear Market ETF Inverse ETF U.S. Treasury Short Bond Market Index

Is TMV 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 122.901
52 Week Low 44.43
Average Volume 150,171
200-Day Moving Average 78.31
50-Day Moving Average 51.28
20-Day Moving Average 47.31
10-Day Moving Average 45.82
Average True Range 1.32
ADX 22.43
+DI 20.71
-DI 35.58
Chandelier Exit (Long, 3 ATRs ) 49.45
Chandelier Exit (Short, 3 ATRs ) 48.38
Upper Bollinger Band 50.71
Lower Bollinger Band 43.91
Percent B (%b) 0.08
BandWidth 14.37
MACD Line -1.77
MACD Signal Line -1.66
MACD Histogram -0.1138
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.49
Resistance 3 (R3) 45.59 45.36 45.31
Resistance 2 (R2) 45.36 45.09 45.30 45.25
Resistance 1 (R1) 44.90 44.93 44.79 44.80 45.20
Pivot Point 44.67 44.67 44.61 44.61 44.67
Support 1 (S1) 44.21 44.40 44.10 44.11 43.70
Support 2 (S2) 43.98 44.24 43.92 43.65
Support 3 (S3) 43.52 43.98 43.59
Support 4 (S4) 43.42