Direxion Daily Energy Bull 2x Etf (ERX) Technical Analysis

$91.17▲0.67%

Market is closed - opens 7 PM, 16 Mar 2026

Insights

Direxion Daily Energy Bull 2x Etf is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Direxion Daily Energy Bull 2x Etf stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Direxion Daily Energy Bull 2x Etf stock is in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Direxion Daily Energy Bull 2x Etf stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	68.2	Sell
Stochastic	81.78, 64.15	Neutral
Ultimate Oscillator	52.27	Neutral
Stochastic Relative Strength Index	34.7, 20.05	Neutral
Moving Average Convergence Divergence	4.02, 4.33	Sell

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	87.61	Buy
20	84.99	Buy
50	74.1	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	87.16	Buy
20	84.44	Buy
50	76.43	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	87.77	Neutral
20	86.22	Buy
50	77.7	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	89.29	Sell
20	90.07	Buy
50	87.04	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	88.99	Sell
20	89.71	Sell
50	91.13	Buy

Pivot

Pivot	Value
Resistance L3	95.05
Resistance L2	92.09
Resistance L1	90.55
Pivot Point	87.59
Support L1	86.05
Support L2	83.09
Support L3	81.55

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.