Direxion Daily Energy Bear 2 (ERY) Technical Analysis

$23.08▲-0.17%

Market is closed - opens 8 PM, 12 Dec 2024

Insights

Direxion Daily Energy Bear 2 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 Bear 2 stock suggests that it is a good time to sell or bad time to initiate a fresh position
Based on analysis of the Moving Averages technical indicator, Direxion Daily Energy Bear 2 stock is in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Direxion Daily Energy Bear 2 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	64.08	Sell
Stochastic	93.99, 96.94	Sell
Ultimate Oscillator	72.5	Sell
Stochastic Relative Strength Index	99.46, 99.14	Neutral
Moving Average Convergence Divergence	0.19, -0.17	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	21.95	Buy
20	21.25	Sell
50	22.1	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	22.2	Buy
20	21.87	Sell
50	22.21	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	21.94	Buy
20	21.07	Buy
50	22.22	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	22.86	Buy
20	21.97	Buy
50	21.54	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	23.32	Buy
20	22.57	Buy
50	21.28	Sell

Pivot

Pivot	Value
Resistance L3	24.05
Resistance L2	23.63
Resistance L1	23.37
Pivot Point	22.95
Support L1	22.69
Support L2	22.27
Support L3	22.01

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