Technical Analysis for WFH - Direxion Work From Home ETF

Grade Last Price % Change Price Change
A 59.92 1.60% 0.94
WFH closed up 1.6 percent on Friday, November 1, 2024, on 72 percent of normal volume.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Gapped Up Strength 0.00%
Fell Below 20 DMA Bearish 1.60%
NR7 Range Contraction 1.60%
Narrow Range Bar Range Contraction 1.60%
Gapped Down Weakness 1.60%
Gapped Down Weakness -0.16%
180 Bullish Setup Bullish Swing Setup -0.96%

   Recent Intraday Alerts

Alert Time
Rose Above 20 DMA about 21 hours ago
60 Minute Opening Range Breakout about 21 hours ago
Rose Above 10 DMA about 21 hours ago
1.5x Volume Pace about 21 hours ago
Gapped Up (Full) about 22 hours ago

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Profile

The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.
Classification

Keywords: Computer Security Work From Home Cybersecurity Cryptography Cyberwarfare Document Management Computer Network Security Cybercrime Direxion Information Governance Natural Language Processing Information Age Cloud Technologies Natural Language Processing Algorithm

Top 10 Components

Symbol Grade Price % Change Allocation
ORCL B 1.30 2.84
ATUS A 8.64 2.83
RNG A 1.22 2.79
PEGA A 2.40 2.76
DOCU A 2.49 2.75
CRM A 1.15 2.74
SMAR A -0.30 2.73
CRWD C 2.11 2.72
ZS C 1.00 2.72
DDOG B -1.74 2.70

Is WFH 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 61.06
52 Week Low 46.34
Average Volume 1,002
200-Day Moving Average 55.86
50-Day Moving Average 57.99
20-Day Moving Average 59.94
10-Day Moving Average 59.86
Average True Range 0.57
RSI (14) 55.36
ADX 21.74
+DI 35.40
-DI 32.50
Chandelier Exit (Long, 3 ATRs) 59.34
Chandelier Exit (Short, 3 ATRs) 59.13
Upper Bollinger Bands 61.30
Lower Bollinger Band 58.58
Percent B (%b) 0.49
BandWidth 4.53
MACD Line 0.51
MACD Signal Line 0.70
MACD Histogram -0.1964
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.35
Resistance 3 (R3) 60.33 60.17 60.28
Resistance 2 (R2) 60.17 60.05 60.18 60.26
Resistance 1 (R1) 60.04 59.99 60.10 60.06 60.23
Pivot Point 59.88 59.88 59.91 59.89 59.88
Support 1 (S1) 59.75 59.76 59.81 59.77 59.60
Support 2 (S2) 59.59 59.70 59.60 59.58
Support 3 (S3) 59.46 59.59 59.55
Support 4 (S4) 59.48