Technical Analysis for WFH - Direxion Work From Home ETF

Grade Last Price % Change Price Change
A 70.06 -0.15% -0.10
WFH closed down 0.15 percent on Friday, February 7, 2025, on 1.5 times normal volume. The bulls were able to push the stock to a new 52-week high. 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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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
New 52 Week High Strength 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Narrow Range Bar Range Contraction -0.15%
New 52 Week High Strength -0.15%
Overbought Stochastic Strength -0.15%
New 52 Week Closing High Bullish -0.52%
New 52 Week High Strength -0.52%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 17 hours ago
2x Volume Pace about 18 hours ago
1.5x Volume Pace about 18 hours ago
3x Volume Pace about 18 hours ago
10x Volume Pace about 18 hours ago

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Profile

The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.
Classification

Keywords: Computer Security Work From Home Cybersecurity Cryptography Cyberwarfare Document Management Computer Network Security Cybercrime Direxion Natural Language Processing Information Governance Information Age Cloud Technologies Natural Language Processing Algorithm

Top 10 Components

Symbol Grade Price % Change Allocation
NET B 17.76 3.58
DOCU C -3.59 3.40
TEAM B -1.48 3.35
PEGA C 0.19 3.21
HUBS B -0.88 3.18
MRVL D -7.23 3.17
CRWD A 0.26 3.12
ATUS C -2.73 2.86
AVGO B -2.87 2.85
CRM C -1.51 2.83

Is WFH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

Indicators

Indicator Value
52 Week High 71.0
52 Week Low 50.2326
Average Volume 1,075
200-Day Moving Average 58.89
50-Day Moving Average 66.63
20-Day Moving Average 67.68
10-Day Moving Average 69.33
Average True Range 0.96
RSI (14) 63.37
ADX 15.47
+DI 48.05
-DI 30.25
Chandelier Exit (Long, 3 ATRs) 68.11
Chandelier Exit (Short, 3 ATRs) 66.26
Upper Bollinger Bands 71.99
Lower Bollinger Band 63.38
Percent B (%b) 0.78
BandWidth 12.72
MACD Line 1.24
MACD Signal Line 1.04
MACD Histogram 0.2004
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 71.48
Resistance 3 (R3) 71.64 71.32 71.24
Resistance 2 (R2) 71.32 70.96 71.24 71.16
Resistance 1 (R1) 70.69 70.73 70.53 70.53 71.09
Pivot Point 70.37 70.37 70.29 70.29 70.37
Support 1 (S1) 69.74 70.01 69.58 69.58 69.03
Support 2 (S2) 69.42 69.78 69.34 68.95
Support 3 (S3) 68.79 69.42 68.87
Support 4 (S4) 68.63