Technical Analysis for BERZ - MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

Grade Last Price % Change Price Change
F 17.13 -3.49% -0.62
BERZ closed down 3.49 percent on Friday, November 1, 2024, on approximately normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
20 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Gapped Down Weakness 0.00%
Crossed Above 20 DMA Bullish -3.49%
Stochastic Buy Signal Bullish -3.49%
Bollinger Band Squeeze Range Contraction -3.49%
Gapped Up Strength -3.49%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 5.48%

   Recent Intraday Alerts

Alert Time
20 DMA Support about 17 hours ago
Possible Inside Day about 17 hours ago
2x Volume Pace about 20 hours ago
1.5x Volume Pace about 20 hours ago
Down 5% about 20 hours ago

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MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Description

BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.


Classification

Keywords: Direxion

Top 10 Components

Symbol Grade Price % Change Allocation
TSLA A -0.35 6.67
CRM A 1.15 6.67
PANW B 0.64 6.67
NVDA B 1.99 6.67
NFLX A 0.01 6.67
MU C 0.08 6.67
INTC C 7.81 6.67
GOOGL A 0.11 6.67
AVGO B -0.50 6.67
AMZN A 6.19 6.67

Is BERZ 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 62.65
52 Week Low 15.3606
Average Volume 112,934
200-Day Moving Average 23.90
50-Day Moving Average 18.69
20-Day Moving Average 16.83
10-Day Moving Average 16.67
Average True Range 0.93
RSI (14) 48.72
ADX 16.14
+DI 26.26
-DI 22.80
Chandelier Exit (Long, 3 ATRs) 15.63
Chandelier Exit (Short, 3 ATRs) 18.16
Upper Bollinger Bands 17.96
Lower Bollinger Band 15.69
Percent B (%b) 0.63
BandWidth 13.51
MACD Line -0.49
MACD Signal Line -0.66
MACD Histogram 0.1715
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.20
Resistance 3 (R3) 18.20 17.85 18.02
Resistance 2 (R2) 17.85 17.58 17.85 17.96
Resistance 1 (R1) 17.49 17.41 17.32 17.49 17.90
Pivot Point 17.14 17.14 17.05 17.14 17.14
Support 1 (S1) 16.78 16.87 16.61 16.78 16.36
Support 2 (S2) 16.43 16.70 16.43 16.30
Support 3 (S3) 16.07 16.43 16.24
Support 4 (S4) 16.07