Technical Analysis for HJEN - Direxion Hydrogen ETF

Grade Last Price % Change Price Change
D 10.86 3.39% 0.36
HJEN closed up 3.39 percent on Wednesday, July 3, 2024, on 3.04 times normal volume. 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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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Oversold Stochastic Weakness 0.00%
Gapped Down Weakness 3.39%
Oversold Stochastic Weakness 3.39%
Stochastic Buy Signal Bullish 2.23%
Pocket Pivot Bullish Swing Setup 2.23%
Gapped Up Strength 2.23%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 7 hours ago
Rose Above Previous Day's High about 7 hours ago
Rose Above 10 DMA about 7 hours ago
Up 3% about 7 hours ago
Up 2% about 7 hours ago

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Profile

Direxion Hydrogen ETF Description

The Direxion Hydrogen ETF offers exposure to 30 companies leading the way towards net-zero emissions by providing more accessible, efficient, sustainable solutions across the following five hydrogen-related sub-themes. HJEN may be considered a satellite holding to complement other broader positions within a portfolio. Hydrogen Production and Generation: Companies involved in the process of hydrogen generation, in either liquid or solid form. Hydrogen Storage and Supply: Companies engaged in providing storage and transportation services of hydrogen. It also includes companies that supply hydrogen to various users and operate hydrogen fueling stations across countries. Fuel Cell and Battery: Companies manufacturing fuel cells and batteries that are run on hydrogen-based technology. Hydrogen Systems and Solutions: Companies offering equipment, components or technology used in hydrogen industry. Those involved in providing solutions and systems to the value chain across hydrogen generation, storage and supply. Membrane and Catalyst: Companies that design and produce membrane, filters, catalyst or membrane assemblies for fuel cell, or hydrogen-related, technologies.


Classification

Keywords: Industrial Gases Transportation Service Energy Storage Sustainable Technologies Fuel Cell Hydrogen Economy Hydrogen Technologies Hydrogen Vehicle Hydrogen Fuel Hydrogen Production Sustainable Solutions

Top 10 Components

Symbol Grade Price % Change Allocation
BE F 9.52 10.06
PLUG F 8.81 7.31
APD D 0.80 4.70
LIN C 0.66 4.10
BP C 0.57 3.84
FCEL F 10.00 3.35
HY D 1.00 0.53

Is HJEN 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 14.517
52 Week Low 9.8916
Average Volume 15,547
200-Day Moving Average 11.22
50-Day Moving Average 11.29
20-Day Moving Average 11.27
10-Day Moving Average 10.80
Average True Range 0.30
RSI (14) 42.53
ADX 21.46
+DI 20.62
-DI 28.32
Chandelier Exit (Long, 3 ATRs) 11.96
Chandelier Exit (Short, 3 ATRs) 11.34
Upper Bollinger Bands 12.39
Lower Bollinger Band 10.16
Percent B (%b) 0.31
BandWidth 19.81
MACD Line -0.27
MACD Signal Line -0.19
MACD Histogram -0.0859
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.39
Resistance 3 (R3) 11.33 11.09 11.30
Resistance 2 (R2) 11.09 10.96 11.12 11.27
Resistance 1 (R1) 10.98 10.87 11.03 11.03 11.24
Pivot Point 10.74 10.74 10.77 10.77 10.74
Support 1 (S1) 10.62 10.60 10.68 10.68 10.47
Support 2 (S2) 10.38 10.52 10.41 10.44
Support 3 (S3) 10.26 10.38 10.41
Support 4 (S4) 10.32