Technical Analysis for NAIL - Direxion Daily Homebuilders & Supplies Bull 3X Shares

Grade Last Price % Change Price Change
F 86.10 -7.83% -7.31
NAIL closed down 7.83 percent on Monday, July 1, 2024, on 1.67 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.
6 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
200 DMA Resistance Bearish -7.83%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -7.83%
Lower Bollinger Band Walk Weakness -7.83%
Up 3 Days in a Row Strength -7.83%
Oversold Stochastic Weakness -7.83%

   Recent Intraday Alerts

Alert Time
Down 1 ATR about 10 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Down 5% about 10 hours ago
Fell Below Lower Bollinger Band about 10 hours ago
Down 3% about 10 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks daily investment results of 300% of the performance of the Dow Jones U.S. Select Home Construction Index. The fund normally creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures U.S. companies in the home construction sector that provide a wide range of products and services related to homebuilding, including home construction and producers, sellers and suppliers of building materials, furnishings and fixtures and also home improvement retailers. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Building Materials Home Improvement Retailer Improvement Retailers Dow Jones U.S. Select Home Construction Index

Top 10 Components

Symbol Grade Price % Change Allocation
DHI D -2.77 11.12
LEN D -2.63 9.75
NVR C -1.40 6.41
PHM D -3.51 6.19
SHW D -0.88 3.67
HD C -2.34 3.67
LOW D -3.13 3.60
BLD D -1.40 3.23
TOL D -2.47 3.23
LII B -2.10 2.03

Is NAIL 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 153.3063
52 Week Low 39.9548
Average Volume 218,393
200-Day Moving Average 95.91
50-Day Moving Average 106.89
20-Day Moving Average 98.99
10-Day Moving Average 95.64
Average True Range 6.41
RSI (14) 34.64
ADX 12.43
+DI 21.68
-DI 32.01
Chandelier Exit (Long, 3 ATRs) 93.85
Chandelier Exit (Short, 3 ATRs) 105.29
Upper Bollinger Bands 110.05
Lower Bollinger Band 87.93
Percent B (%b) -0.08
BandWidth 22.35
MACD Line -4.90
MACD Signal Line -4.08
MACD Histogram -0.815
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 99.23
Resistance 3 (R3) 100.67 97.73 97.04
Resistance 2 (R2) 97.73 94.39 97.01 96.31
Resistance 1 (R1) 91.92 92.33 90.45 90.48 95.58
Pivot Point 88.98 88.98 88.25 88.26 88.98
Support 1 (S1) 83.17 85.64 81.70 81.73 76.62
Support 2 (S2) 80.23 83.58 79.51 75.89
Support 3 (S3) 74.42 80.23 75.16
Support 4 (S4) 72.98