Technical Analysis for URAA - Direxion Daily Uranium Industry Bull 2X Shares

Grade Last Price % Change Price Change
C 24.52 3.57% 0.84
URAA closed up 3.57 percent on Friday, October 4, 2024, on 88 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Up Up

Date Alert Name Type % Chg
New Uptrend Bullish 0.00%
NR7 Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Wide Bands Range Expansion 3.57%
Gapped Up Strength 3.57%
Overbought Stochastic Strength 3.57%
Wide Bands Range Expansion 2.78%
Overbought Stochastic Strength 2.78%
Wide Bands Range Expansion 5.89%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 13 hours ago
Possible Inside Day about 13 hours ago
1.5x Volume Pace about 16 hours ago
Up 3% about 16 hours ago
Up 2% about 16 hours ago

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Profile

The index is comprised of the Global X Uranium ETF and the Sprott Uranium Miners ETF. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. The fund is non-diversified.
Classification

Keywords: Exchange Traded Funds Synthetic Replication

Top 10 Components

Symbol Grade Price % Change Allocation
URA B 2.23 27.31
URNM D 2.34 13.06

Is URAA 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 29.0775
52 Week Low 14.4491
Average Volume 12,898
200-Day Moving Average 0.00
50-Day Moving Average 19.13
20-Day Moving Average 20.21
10-Day Moving Average 22.95
Average True Range 1.16
RSI (14) 69.79
ADX 25.97
+DI 40.09
-DI 16.70
Chandelier Exit (Long, 3 ATRs) 21.08
Chandelier Exit (Short, 3 ATRs) 17.92
Upper Bollinger Bands 26.10
Lower Bollinger Band 14.32
Percent B (%b) 0.87
BandWidth 58.31
MACD Line 1.46
MACD Signal Line 0.92
MACD Histogram 0.534
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.90
Resistance 3 (R3) 25.75 25.15 25.67
Resistance 2 (R2) 25.15 24.80 25.22 25.59
Resistance 1 (R1) 24.84 24.59 24.99 24.98 25.52
Pivot Point 24.24 24.24 24.31 24.31 24.24
Support 1 (S1) 23.92 23.89 24.08 24.07 23.53
Support 2 (S2) 23.32 23.67 23.39 23.46
Support 3 (S3) 23.01 23.32 23.38
Support 4 (S4) 23.15