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DRX DLY FTSE EUROPE BULL 3X (EURL) Stock Technical Analysis

NYSEARCA:EURL - NYSE Arca - US25459Y2809 - ETF - Currency: USD

28.5348  +0.27 (+0.97%)

Technical Rating and Analysis

9

Overall EURL gets a technical rating of 9 out of 10. Both in the recent history as in the last year, EURL has proven to be a steady performer, scoring decent points in every aspect analyzed.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
EURL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EURL slightly outperforms the market at the moment.
In the last month EURL has a been trading in the 18.10 - 28.68 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, EURL did better than 88% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
DRX DLY FTSE EUROPE BULL 3X / EURL Weekly stock chart
DRX DLY FTSE EUROPE BULL 3X / EURL Daily stock chart
Setup Rating and Analysis

3

Although EURL has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

20.80

30.88

When analyzing the support we notice one important area.

  • Support @21.01 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @29.96 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 30.54 to 30.57. 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
CRS88.6
Mansfield1.16
10 Day High28.68
10 Day Low24.2
20 Day High28.68
20 Day Low18.1
52 Week High31.19
52 Week Low18.1
Performance
1 Week6.84%
2 Weeks13.91%
1 Month6.16%
3 Month16.75%
6 Month15.82%
12 Month12.21%
2 Year17.21%
3 Year27.65%
5 Year126.99%
10 Year-21.28%
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)0.62
RSI(14)59.76
LBB21.9
UBB29.82
DRX DLY FTSE EUROPE BULL 3X / EURL Daily stock chart

DRX DLY FTSE EUROPE BULL 3X

NYSEARCA:EURL (5/1/2025, 9:53:30 AM)

28.5348

+0.27 (+0.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.97%
1 Week6.84%
2 Weeks13.91%
1 Month6.16%
3 Month16.75%
6 Month15.82%
12 Month12.21%
2 Year17.21%
3 Year27.65%
5 Year126.99%
10 Year-21.28%
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%6.22%
ATR Inc-51.36%
Range Today0.67
ADR(20)1.5
ADR(20)%5.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.6
Mansfield1.16
10 Day High28.68
10 Day Low24.2
20 Day High28.68
20 Day Low18.1
52 Week High31.19
52 Week Low18.1
CS1 End21.01
CR1 Start29.96
Volume & EV
DER(3)-1.11%
DER(5)-1.58%
Volume7.16K
Volume Incr-54.04%
Vol(5)47.04K
Vol(50)96.02K