Technical Analysis for DRIP - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares

Grade Last Price % Change Price Change
C 9.35 -1.48% -0.14
DRIP closed down 1.48 percent on Wednesday, July 3, 2024, on 86 percent of normal volume.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.00%
Bollinger Band Squeeze Range Contraction -1.48%
Doji - Bullish? Reversal -1.48%
Gapped Down Weakness -1.48%
20 DMA Resistance Bearish -2.30%
Bollinger Band Squeeze Range Contraction -2.30%
BB Squeeze Started Range Contraction -2.30%
Gapped Down Weakness -2.30%
Fell Below 20 DMA Bearish -2.30%
Gapped Down Weakness -2.30%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 10 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Down 2 % about 10 hours ago
2x Volume Pace about 11 hours ago
1.5x Volume Pace about 11 hours ago

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Profile

The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Betashares Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Repurchase Agreement Gas Exploration Oil And Gas Exploration Forward Contract

Top 10 Components

Symbol Grade Price % Change Allocation
APA D 0.24 3.67
OXY D -0.06 2.91
EOG C 0.09 2.71
HES C 0.19 2.69
DVN C 0.71 2.64
PXD B 0.00 2.56
FANG A 0.99 2.52
COP D 0.57 2.49
PBF D -1.08 2.49
MRO B 0.66 2.49

Is DRIP 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 13.7342
52 Week Low 7.7476
Average Volume 934,161
200-Day Moving Average 10.06
50-Day Moving Average 9.21
20-Day Moving Average 9.62
10-Day Moving Average 9.59
Average True Range 0.34
RSI (14) 46.81
ADX 15.06
+DI 17.99
-DI 21.18
Chandelier Exit (Long, 3 ATRs) 9.28
Chandelier Exit (Short, 3 ATRs) 9.83
Upper Bollinger Bands 10.14
Lower Bollinger Band 9.11
Percent B (%b) 0.23
BandWidth 10.67
MACD Line 0.07
MACD Signal Line 0.13
MACD Histogram -0.0637
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.76
Resistance 3 (R3) 9.76 9.64 9.69
Resistance 2 (R2) 9.64 9.53 9.63 9.66
Resistance 1 (R1) 9.49 9.47 9.43 9.49 9.64
Pivot Point 9.37 9.37 9.34 9.36 9.37
Support 1 (S1) 9.22 9.26 9.16 9.22 9.06
Support 2 (S2) 9.10 9.20 9.09 9.04
Support 3 (S3) 8.95 9.10 9.01
Support 4 (S4) 8.95