DIREXION DAILY REAL ESTATE B (DRN) Stock Technical Analysis
NYSEARCA:DRN - NYSE Arca - US25459W7552 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to DRN. DRN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
In the last month DRN has a been trading in the 10.13 - 11.94 range, which is quite wide. It is currently trading near the lows of this range.
DRN has an average volume of 1128990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, DRN outperforms 40% of them, which is more or less in line with the market.
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.
Although the technical rating is only medium, DRN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 10.76, a Stop Loss order could be placed below this zone.
More info and screens
8.89
12.98
2 important support areas can be observed.
- A support zone ranging from 10.61 to 10.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.98 to 9.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.41 to 11.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.57 from a trend line in the weekly time frame.
- Resistance @12.85 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.78
Mansfield0.05
10 Day High11.94
10 Day Low10.39
20 Day High11.94
20 Day Low10.13
52 Week High14.07
52 Week Low7.07
Performance
1 Week-5.53%
2 Weeks0.65%
1 Month0.75%
3 Month-11.36%
6 Month-13.15%
12 Month4.56%
2 Year12.66%
3 Year-57.31%
5 Year33.13%
10 Year-51.05%
15 Year91.33%
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)-0.03
RSI(14)49.33
LBB10.39
UBB11.67
10.77
+0.15 (+1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.41%
1 Week-5.53%
2 Weeks0.65%
1 Month0.75%
3 Month-11.36%
6 Month-13.15%
12 Month4.56%
2 Year12.66%
3 Year-57.31%
5 Year33.13%
10 Year-51.05%
15 Year91.33%
Volatility
ATR(14)0.52
ATR(20)%4.55%
ATR Inc59.55%
Range Today0.52
ADR(20)0.47
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.78
Mansfield0.05
10 Day High11.94
10 Day Low10.39
20 Day High11.94
20 Day Low10.13
52 Week High14.07
52 Week Low7.07
CS1 End10.76
CR1 Start11.41
Volume & EV
DER(3)-1.85%
DER(5)-3.41%
Volume1.84M
Volume Incr79.62%
Vol(5)1.44M
Vol(50)1.13M