Logo image of DRN

DIREXION DAILY REAL ESTATE B (DRN) Stock Technical Analysis

NYSEARCA:DRN - NYSE Arca - US25459W7552 - ETF - Currency: USD

9.065  +0.03 (+0.28%)

Technical Rating and Analysis

1

Taking everything into account, DRN scores 1 out of 10 in our technical rating. DRN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
DRN has an average volume of 1048110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DRN did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
DRN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month DRN has a been trading in the 6.31 - 10.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DIREXION DAILY REAL ESTATE B / DRN Weekly stock chart
DIREXION DAILY REAL ESTATE B / DRN Daily stock chart
Setup Rating and Analysis

4

DRN has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

7.98

10.65

We found 2 important support areas.

  • Support @8.44 from a horizontal line in the daily time frame.
  • Support @8.06 from a horizontal line in the weekly time frame.

4 important resistance areas can be observed.

  • Resistance @9.07 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 9.63 to 9.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @10.27 from a trend line in the weekly time frame.
  • Resistance @10.54 from a trend line in the daily time frame.
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
CRS75.23
Mansfield-1.18
10 Day High9.5
10 Day Low7.36
20 Day High10.55
20 Day Low6.31
52 Week High14.07
52 Week Low6.31
Performance
1 Week0.22%
2 Weeks16.65%
1 Month-10.05%
3 Month-12.49%
6 Month-28.93%
12 Month18.95%
2 Year-6.9%
3 Year-59.32%
5 Year-5.34%
10 Year-50.34%
15 Year34.72%
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)0.13
RSI(14)48.82
LBB7.27
UBB9.62
DIREXION DAILY REAL ESTATE B / DRN Daily stock chart

DIREXION DAILY REAL ESTATE B

NYSEARCA:DRN (4/28/2025, 12:54:10 PM)

9.065

+0.03 (+0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.28%
1 Week0.22%
2 Weeks16.65%
1 Month-10.05%
3 Month-12.49%
6 Month-28.93%
12 Month18.95%
2 Year-6.9%
3 Year-59.32%
5 Year-5.34%
10 Year-50.34%
15 Year34.72%
Volatility
ATR(14)0.84
ATR(20)%8.78%
ATR Inc-62.23%
Range Today0.23
ADR(20)0.75
ADR(20)%8.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.23
Mansfield-1.18
10 Day High9.5
10 Day Low7.36
20 Day High10.55
20 Day Low6.31
52 Week High14.07
52 Week Low6.31
CS1 End8.44
CR1 Start9.05
Volume & EV
DER(3)-7.89%
DER(5)-6.48%
Volume260.25K
Volume Incr-21.95%
Vol(5)925.32K
Vol(50)1.05M