Technical Analysis for ERX - Direxion Energy Bull 3X Shares

Grade Last Price % Change Price Change
D 65.48 0.83% 0.54
ERX closed up 0.83 percent on Wednesday, July 3, 2024, on approximately 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
50 DMA Resistance Bearish 0.83%
Gapped Up Strength 0.83%
Overbought Stochastic Strength 0.83%
50 DMA Resistance Bearish 0.57%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.57%
Outside Day Range Expansion 0.57%
Gapped Up Strength 0.57%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 8 hours ago
60 Minute Opening Range Breakout about 11 hours ago
Up 1% about 11 hours ago
2x Volume Pace about 12 hours ago
1.5x Volume Pace about 12 hours ago

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Energy Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Index Fund Leveraged ETF Ultra ETF Energy Equipment Energy Select Sector Index

Top 10 Components

Symbol Grade Price % Change Allocation
XOM C 0.51 14.88
CVX D -0.03 11.72
EOG C 0.09 3.09
SLB C 1.33 3.08
COP D 0.57 2.93
MPC D 0.49 2.85
PSX D -0.07 2.78
WMB A 1.18 2.49
VLO C 0.34 2.33
OKE A 0.57 2.24

Is ERX 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 77.0318
52 Week Low 49.3041
Average Volume 444,129
200-Day Moving Average 61.65
50-Day Moving Average 66.10
20-Day Moving Average 63.24
10-Day Moving Average 64.53
Average True Range 1.95
RSI (14) 54.34
ADX 17.37
+DI 21.69
-DI 14.52
Chandelier Exit (Long, 3 ATRs) 61.13
Chandelier Exit (Short, 3 ATRs) 65.21
Upper Bollinger Bands 66.78
Lower Bollinger Band 59.69
Percent B (%b) 0.82
BandWidth 11.21
MACD Line -0.10
MACD Signal Line -0.64
MACD Histogram 0.5351
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 67.36
Resistance 3 (R3) 67.35 66.72 67.04
Resistance 2 (R2) 66.72 66.24 66.72 66.94
Resistance 1 (R1) 66.10 65.95 66.41 66.11 66.83
Pivot Point 65.47 65.47 65.63 65.47 65.47
Support 1 (S1) 64.85 64.99 65.16 64.86 64.13
Support 2 (S2) 64.22 64.70 64.22 64.02
Support 3 (S3) 63.60 64.22 63.92
Support 4 (S4) 63.61