Technical Analysis for EDC - Direxion Emerging Markets Bull 3X Shares

Grade Last Price % Change Price Change
B 34.96 1.16% 0.40
EDC closed up 1.16 percent on Friday, July 5, 2024, on 4.88 times normal volume. 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.
3 Watchers
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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
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up 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%
Up 5 Days in a Row Strength 0.00%

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Emerging Markets IndexSM. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the MSCI Emerging Markets IndexSM ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds MSCI EAFE Leveraged ETF Ultra ETF Emerging Market Msci Emerging Markets Index

Top 10 Components

Symbol Grade Price % Change Allocation
EEMA A 0.22 15.12

Is EDC 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 35.6202
52 Week Low 21.4072
Average Volume 62,855
200-Day Moving Average 28.27
50-Day Moving Average 32.38
20-Day Moving Average 32.64
10-Day Moving Average 33.14
Average True Range 0.87
RSI (14) 67.43
ADX 19.0
+DI 43.94
-DI 19.50
Chandelier Exit (Long, 3 ATRs) 32.49
Chandelier Exit (Short, 3 ATRs) 32.36
Upper Bollinger Bands 34.52
Lower Bollinger Band 30.76
Percent B (%b) 1.12
BandWidth 11.50
MACD Line 0.49
MACD Signal Line 0.28
MACD Histogram 0.216
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.16
Resistance 3 (R3) 36.07 35.58 35.96
Resistance 2 (R2) 35.58 35.27 35.62 35.89
Resistance 1 (R1) 35.27 35.09 35.42 35.36 35.83
Pivot Point 34.78 34.78 34.86 34.83 34.78
Support 1 (S1) 34.47 34.48 34.63 34.56 34.09
Support 2 (S2) 33.98 34.29 34.03 34.03
Support 3 (S3) 33.67 33.98 33.96
Support 4 (S4) 33.76