Technical Analysis for UTSL - Direxion Daily Utilities Bull 3X Shares

Grade Last Price % Change Price Change
C 38.44 0.23% 0.09
UTSL closed up 0.23 percent on Wednesday, November 20, 2024, on 31 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. It was able to find support at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
NR7 Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
20 DMA Support Bullish 0.23%
Crossed Above 50 DMA Bullish 0.23%
Up 3 Days in a Row Strength 0.23%
Gapped Down Weakness 0.23%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 17 hours ago
50 DMA Support about 19 hours ago
60 Minute Opening Range Breakdown about 20 hours ago
Fell Below 50 DMA about 20 hours ago
Down 1% about 20 hours ago

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Utilities Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or ETFs that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the utilities sector which includes the following industries: electric utilities; multi-utilities; water utilities; independent power producers and energy trades; and gas utilities. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Electric Utilities S&P Dow Jones Utilities Sector Power Producer Gas Utilities Water Utilities Utilities Select Sector Index

Top 10 Components

Symbol Grade Price % Change Allocation
NEE C -0.26 6.78
SO C -0.36 4.20
DUK C 0.14 3.77
CEG C 0.36 3.22
SRE A -0.28 2.53
VST A -0.15 2.18
AEP C 0.10 2.18
D C 0.36 2.12
PCG A 0.48 1.96
PEG A 0.44 1.90

Is UTSL 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 42.33
52 Week Low 16.72
Average Volume 230,643
200-Day Moving Average 28.75
50-Day Moving Average 38.13
20-Day Moving Average 36.93
10-Day Moving Average 36.67
Average True Range 1.63
RSI (14) 54.75
ADX 14.45
+DI 27.78
-DI 20.87
Chandelier Exit (Long, 3 ATRs) 36.91
Chandelier Exit (Short, 3 ATRs) 38.54
Upper Bollinger Bands 40.35
Lower Bollinger Band 33.52
Percent B (%b) 0.72
BandWidth 18.50
MACD Line -0.19
MACD Signal Line -0.45
MACD Histogram 0.2567
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.00
Resistance 3 (R3) 40.01 39.49 39.74
Resistance 2 (R2) 39.49 39.10 39.49 39.65
Resistance 1 (R1) 38.97 38.85 38.71 38.96 39.57
Pivot Point 38.45 38.45 38.33 38.45 38.45
Support 1 (S1) 37.93 38.06 37.67 37.92 37.31
Support 2 (S2) 37.41 37.81 37.41 37.23
Support 3 (S3) 36.89 37.41 37.14
Support 4 (S4) 36.88