Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) Technical Analysis

$48.94▲-2.08%

Insights

Direxion Daily S&P Oil & Gas Exp. & Prod. 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 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 uptrend ↗️
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 buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	61.25	Sell
Stochastic	96.96, 78.46	Neutral
Ultimate Oscillator	63.73	Neutral
Stochastic Relative Strength Index	95.86, 84.17	Neutral
Moving Average Convergence Divergence	0.16, -0.08	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	42.84	Sell
20	44.11	Buy
50	43.13	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	43.97	Buy
20	43.85	Buy
50	42.65	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	42.58	Buy
20	44.38	Buy
50	42.91	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	44.48	Buy
20	44.02	Sell
50	45.13	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	45.45	Buy
20	43.49	Sell
50	45.41	Buy

Pivot

Pivot	Value
Resistance L3	48.01
Resistance L2	46.97
Resistance L1	45.72
Pivot Point	44.68
Support L1	43.42
Support L2	42.38
Support L3	41.13

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