Technical Analysis for WEBS - Direxion Daily Dow Jones Internet Bear 3X Shares

Grade Last Price % Change Price Change
F 38.35 -0.75% -0.29
WEBS closed down 0.75 percent on Tuesday, November 12, 2024, on 1.84 times normal volume. The bears made the stock sink to a new 52-week low. 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.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -0.75%
Lower Bollinger Band Walk Weakness -0.75%
New 52 Week Low Weakness -0.75%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 8 hours ago
1.5x Volume Pace about 8 hours ago
3x Volume Pace about 8 hours ago
Fell Below Previous Day's Low about 8 hours ago
Down 1% about 8 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, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Dow Jones Internet Composite Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets. The index includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Internet Composite Index

Is WEBS 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 119.461
52 Week Low 37.9185
Average Volume 41,714
200-Day Moving Average 62.52
50-Day Moving Average 53.57
20-Day Moving Average 46.92
10-Day Moving Average 43.89
Average True Range 2.06
RSI (14) 12.28
ADX 47.77
+DI 3.44
-DI 68.89
Chandelier Exit (Long, 3 ATRs) 46.31
Chandelier Exit (Short, 3 ATRs) 44.11
Upper Bollinger Bands 55.51
Lower Bollinger Band 38.34
Percent B (%b) 0.0
BandWidth 36.61
MACD Line -3.84
MACD Signal Line -3.06
MACD Histogram -0.7777
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 39.93
Resistance 3 (R3) 39.96 39.46 39.66
Resistance 2 (R2) 39.46 39.06 39.45 39.58
Resistance 1 (R1) 38.91 38.81 38.66 38.88 39.49
Pivot Point 38.41 38.41 38.29 38.40 38.41
Support 1 (S1) 37.86 38.01 37.61 37.82 37.21
Support 2 (S2) 37.36 37.76 37.35 37.12
Support 3 (S3) 36.80 37.36 37.04
Support 4 (S4) 36.77