Technical Analysis for TECS - Direxion Technology Bear 3X Shares

Grade Last Price % Change Price Change
F 46.21 -0.43% -0.20
TECS closed down 0.43 percent on Tuesday, November 12, 2024, on 21 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup -0.43%
Bullish Engulfing Bullish -0.43%
Oversold Stochastic Weakness -0.43%
NR7 Range Contraction 1.38%
Narrow Range Bar Range Contraction 1.38%
Doji - Bullish? Reversal 1.38%
New 52 Week Low Weakness 1.38%
Stochastic Reached Oversold Weakness 1.38%
BB Squeeze Ended Range Expansion 1.38%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 5 hours ago
Up 1% about 5 hours ago
60 Minute Opening Range Breakout about 5 hours ago
60 Minute Opening Range Breakout 1 day ago
Up 3% 1 day 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 Technology 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 includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Private Equity Leveraged ETF Ultra ETF Semiconductor Inverse ETF Bear Market ETF Communications Equipment Telecommunications Service Internet Software Technology Select Sector Index Seminconductor Equipment

Is TECS 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 114.143
52 Week Low 45.17
Average Volume 1,613,888
200-Day Moving Average 66.92
50-Day Moving Average 54.21
20-Day Moving Average 49.97
10-Day Moving Average 49.89
Average True Range 2.44
RSI (14) 18.70
ADX 33.93
+DI 12.06
-DI 46.56
Chandelier Exit (Long, 3 ATRs) 48.39
Chandelier Exit (Short, 3 ATRs) 52.48
Upper Bollinger Bands 55.54
Lower Bollinger Band 44.40
Percent B (%b) 0.16
BandWidth 22.31
MACD Line -1.79
MACD Signal Line -1.42
MACD Histogram -0.378
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.07
Resistance 3 (R3) 48.23 47.76 47.76
Resistance 2 (R2) 47.76 47.29 47.69 47.66
Resistance 1 (R1) 46.99 47.00 46.76 46.83 47.55
Pivot Point 46.52 46.52 46.41 46.45 46.52
Support 1 (S1) 45.75 46.05 45.52 45.59 44.87
Support 2 (S2) 45.28 45.76 45.21 44.76
Support 3 (S3) 44.51 45.28 44.66
Support 4 (S4) 44.35