Direxion Daily S&p Oil & Gas Exp. & Prod. Bull 2x Etf (GUSH) Technical Analysis

$33.14▲-11.18%

Insights

Direxion Daily S&p Oil & Gas Exp. & Prod. Bull 2x Etf is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Direxion Daily S&p Oil & Gas Exp. & Prod. 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 S&p Oil & Gas Exp. & Prod. Bull 2x Etf stock is in a downtrend↘️
Based on analysis of the Pivot Points, the current market trend for Direxion Daily S&p Oil & Gas Exp. & Prod. Bull 2x Etf stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	41.31	Neutral
Stochastic	8.15, 8.77	Neutral
Ultimate Oscillator	41.34	Neutral
Stochastic Relative Strength Index	1.9, 1.7	Buy
Moving Average Convergence Divergence	0.18, 1.51	Sell

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	39.25	Sell
20	41.4	Buy
50	35.75	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	38.67	Sell
20	39.26	Buy
50	36.15	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	39.72	Sell
20	41.76	Sell
50	36.6	Sell

Double Exponential Moving Average

Period (Days)	Value	Action
10	36.79	Sell
20	40.06	Sell
50	41.46	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	35.13	Sell
20	37.8	Sell
50	42.81	Buy

Pivot

Pivot	Value
Resistance L3	38.81
Resistance L2	37.97
Resistance L1	36.7
Pivot Point	35.86
Support L1	34.59
Support L2	33.75
Support L3	32.48

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