DIREXION DAILY ENERGY BEAR 2 (ERY) Stock Technical Analysis
NYSEARCA:ERY - NYSE Arca - US25460G1792 - ETF - Currency: USD
Taking everything into account, ERY scores 5 out of 10 in our technical rating. In the last year, ERY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When compared to the yearly performance of all other stocks, ERY outperforms 60% of them, which is more or less in line with the market.
ERY 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 ERY has a been trading in the 21.46 - 26.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ERY has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.90
27.35
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.18 to 23.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.05 to 22.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.05 to 21.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.10 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @25.55 from a trend line in the weekly time frame.
- A resistance zone ranging from 26.27 to 27.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.25
Mansfield0.22
10 Day High26.12
10 Day Low22.06
20 Day High26.12
20 Day Low21.47
52 Week High27.83
52 Week Low19.64
Performance
1 Week8.02%
2 Weeks8.02%
1 Month2.54%
3 Month6.78%
6 Month-6.59%
12 Month-4.98%
2 Year-21.04%
3 Year-54.42%
5 Year-97.92%
10 Year-88.02%
15 Year-99.22%
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)0.26
RSI(14)56.03
LBB21
UBB25.52
24.25
-0.79 (-3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.14%
1 Week8.02%
2 Weeks8.02%
1 Month2.54%
3 Month6.78%
6 Month-6.59%
12 Month-4.98%
2 Year-21.04%
3 Year-54.42%
5 Year-97.92%
10 Year-88.02%
15 Year-99.22%
Volatility
ATR(14)1.11
ATR(20)%4.23%
ATR Inc2.49%
Range Today1.02
ADR(20)0.95
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.25
Mansfield0.22
10 Day High26.12
10 Day Low22.06
20 Day High26.12
20 Day Low21.47
52 Week High27.83
52 Week Low19.64
CS1 End23.74
CR1 Start25.55
Volume & EV
DER(3)-0.08%
DER(5)1.11%
Volume227.10K
Volume Incr36.91%
Vol(5)336.28K
Vol(50)271.30K