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

$48.711.75%

Market is closed - opens 7 PM, 12 May 2025

Insights

  • Direxion Daily Energy Bull 2x Etf is currently in a neutral trading position 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 downtrend↘️
  • 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
47.66
Neutral
Stochastic
74.75, 59.75
Neutral
Ultimate Oscillator
51.08
Neutral
Stochastic Relative Strength Index
82.73, 68.05
Neutral
Moving Average Convergence Divergence
-1.67, -2.22
Neutral

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
47.67
Buy
20
47.24
Sell
50
53.86
Sell

Exponential Moving Average

Period (Days)

Value

Action

10
47.67
Sell
20
48.59
Sell
50
52.31
Sell

Volume Weighted Moving Average

Period (Days)

Value

Action

10
47.33
Neutral
20
47.07
Neutral
50
51.97
Sell

Double Exponential Moving Average

Period (Days)

Value

Action

10
47.42
Buy
20
46.06
Sell
50
47.65
Sell

Triple Exponential Moving Average

Period (Days)

Value

Action

10
48.07
Buy
20
46.76
Buy
50
45.34
Sell

Pivot

Pivot

Value

Resistance L3
50.57
Resistance L2
49.83
Resistance L1
48.85
Pivot Point
48.12
Support L1
47.14
Support L2
46.4
Support L3
45.42

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