Technical Analysis for ERY - Direxion Energy Bear 3X Shares

Grade Last Price % Change Price Change
C 22.81 -0.74% -0.17
ERY closed down 0.74 percent on Wednesday, July 3, 2024, on approximately normal volume. It was able to find support at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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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
MACD Bearish Centerline Cross Bearish 0.00%
50 DMA Support Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
50 DMA Support Bullish -0.74%
Gapped Down Weakness -0.74%
Oversold Stochastic Weakness -0.74%
50 DMA Support Bullish -0.39%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.39%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 6 hours ago
50 DMA Support about 10 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Fell Below 50 DMA about 10 hours ago
Down 1% about 10 hours ago

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, 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 Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Energy Equipment Energy Select Sector Index

Top 10 Components

Symbol Grade Price % Change Allocation
XOM C 0.51 22.35
CVX D -0.03 19.86
EOG C 0.09 4.79
COP D 0.57 4.59
SLB C 1.33 4.34
PSX D -0.07 4.03
KMI A 1.22 4.01
OXY D -0.06 3.95
VLO C 0.34 3.61
MPC D 0.49 3.56

Is ERY 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 31.2892
52 Week Low 19.5012
Average Volume 287,452
200-Day Moving Average 24.72
50-Day Moving Average 22.69
20-Day Moving Average 23.61
10-Day Moving Average 23.11
Average True Range 0.70
RSI (14) 45.65
ADX 17.48
+DI 15.05
-DI 22.16
Chandelier Exit (Long, 3 ATRs) 23.07
Chandelier Exit (Short, 3 ATRs) 24.41
Upper Bollinger Bands 24.98
Lower Bollinger Band 22.24
Percent B (%b) 0.21
BandWidth 11.61
MACD Line 0.00
MACD Signal Line 0.18
MACD Histogram -0.1856
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.45
Resistance 3 (R3) 23.44 23.21 23.34
Resistance 2 (R2) 23.21 23.05 23.22 23.31
Resistance 1 (R1) 23.01 22.95 22.90 23.02 23.27
Pivot Point 22.79 22.79 22.73 22.79 22.79
Support 1 (S1) 22.59 22.63 22.48 22.60 22.35
Support 2 (S2) 22.36 22.53 22.37 22.31
Support 3 (S3) 22.16 22.36 22.28
Support 4 (S4) 22.17