Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL) Technical Analysis

$26.36▲-5.08%

Insights

Direxion Daily Homebuilders & Supplies Bull 3X 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 Homebuilders & Supplies Bull 3X 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 Homebuilders & Supplies Bull 3X ETF stock is in a downtrend↘️
Based on analysis of the Pivot Points, the current market trend for Direxion Daily Homebuilders & Supplies Bull 3X 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	36.54	Neutral
Stochastic	27.2, 21.58	Neutral
Ultimate Oscillator	41.29	Neutral
Stochastic Relative Strength Index	29.7, 41.44	Neutral
Moving Average Convergence Divergence	-2.16, -2.28	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	29.55	Sell
20	30.19	Sell
50	36.15	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	29.29	Sell
20	30.81	Sell
50	34.53	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	29.47	Sell
20	30.03	Sell
50	34.82	Sell

Double Exponential Moving Average

Period (Days)	Value	Action
10	28.08	Buy
20	27.79	Sell
50	30.35	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	28.22	Buy
20	27.71	Buy
50	27.7	Sell

Pivot

Pivot	Value
Resistance L3	31.98
Resistance L2	30.28
Resistance L1	29.37
Pivot Point	27.67
Support L1	26.76
Support L2	25.06
Support L3	24.15

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