We assign a technical rating of 0 out of 10 to DRIP. DRIP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, DRIP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.97, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DRIP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.77
When analyzing the support we notice one important area.
- A support zone ranging from 7.85 to 7.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.69 to 8.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.12 from a trend line in the daily time frame.
- Resistance @9.34 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.71 to 9.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DRIP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRIP is neutral. |
| ChartMill Relative Strength | 19.46 | NEGATIVE | DRIP has a low relative strength, it was outperformed by 80.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DRIP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRIP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRIP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.31 | NEUTRAL | The RSI value for DRIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DRIP has a positive trend. |
| Stochastics (14,3) | 47.12 | NEUTRAL | The Stochastics value for DRIP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for DRIP suggests some volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for DRIP suggests a possible start of a new trend. |
NYSEARCA:DRIP (12/12/2025, 8:25:52 PM)
8.47
+0.16 (+1.93%)
DIREXION DAILY S&P OIL & GAS / DRIP FAQ
What is the technical rating for DRIP stock?
ChartMill assigns a technical rating of 0 / 10 to DRIP.
Can you provide the trend direction for DIREXION DAILY S&P OIL & GAS?
The current trend direction for DIREXION DAILY S&P OIL & GAS (DRIP) is Bearish.
What is the RSI signal for DIREXION DAILY S&P OIL & GAS (DRIP) stock?
DIREXION DAILY S&P OIL & GAS (DRIP) has an RSI value of 51.3115. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIREXION DAILY S&P OIL & GAS?
The short term momentum for DIREXION DAILY S&P OIL & GAS (DRIP) is neutral.
Can you provide the support and resistance levels for DIREXION DAILY S&P OIL & GAS?
DIREXION DAILY S&P OIL & GAS (DRIP) has a support level at 7.97 and a resistance level at 8.69. Check the full technical report for our detailed analysis of DRIP support and resistance levels.