DRX DLY HEALTHCARE BULL 3X (CURE)

US25459Y8764 - ETF

125.34  -4.37 (-3.37%)

After market: 125.17 -0.17 (-0.14%)

Technical Rating and Analysis

6

Taking everything into account, CURE scores 6 out of 10 in our technical rating. In the last year, CURE was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month CURE has a been trading in the 124.40 - 135.55 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CURE has an average volume of 22708 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, CURE did better than 84% of all other stocks. On top of that, CURE also shows a nice and consistent pattern of rising prices.
CURE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CURE is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
CURE Weekly chart
CURE Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, CURE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 125.33, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

104.15

143.54

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 125.16 to 125.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @123.14 from a trend line in the daily time frame.
  • Support @118.80 from a horizontal line in the daily time frame.
  • Support @105.20 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 129.29 to 129.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 132.50 to 133.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 142.12 to 142.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.19
Mansfield-0.33
10 Day High134.62
10 Day Low125.07
20 Day High135.55
20 Day Low124.4
52 Week High143.51
52 Week Low76.1
Performance
1 Week-6.62%
2 Weeks0.14%
1 Month-7.13%
3 Month-0.06%
6 Month19.06%
12 Month63.93%
2 Year14.94%
3 Year1.04%
5 Year115.62%
10 Year322.27%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.22
RSI(14)40.63
LBB123.97
UBB134.04
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
129.79125.154.64 (3.58%)25.00%
An entry @129.79. This is a Buy Stop order right above the resistance zone.An exit @125.15. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 4.64 points, which is 3.58%.For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of CURE. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CURE Daily chart

DRX DLY HEALTHCARE BULL 3X

NYSEARCA:CURE (10/21/2024, 8:07:00 PM)

After market: 125.17 -0.17 (-0.14%)

125.34

-4.37 (-3.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.37%
1 Week-6.62%
2 Weeks0.14%
1 Month-7.13%
3 Month-0.06%
6 Month19.06%
12 Month63.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.38
ATR(20)%2.7%
ATR Inc
Range Today4.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High134.62
10 Day Low125.07
20 Day High135.55
20 Day Low124.4
52 Week High143.51
52 Week Low76.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume23.00K
Volume Incr11.59%
Vol(5)22.45K
Vol(50)22.71K