DIREXION DAILY TECH BULL 3X (TECL) Stock Technical Analysis
NYSEARCA:TECL - NYSE Arca - US25459W1027 - ETF - Currency: USD
Overall TECL gets a technical rating of 0 out of 10. TECL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TECL is a bad performer in the overall market: 86% of all stocks are doing better.
TECL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
TECL has an average volume of 2313150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TECL has a been trading in the 32.52 - 62.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TECL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for TECL 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
39.78
101.92
When analyzing the support we can see 2 important areas.
- Support @41.24 from a trend line in the daily time frame.
- Support @40.18 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 96.13 to 97.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @100.91 from a horizontal 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
CRS14.27
Mansfield-3.33
10 Day High54.28
10 Day Low38.12
20 Day High62.72
20 Day Low32.52
52 Week High112.78
52 Week Low32.52
Performance
1 Week24.46%
2 Weeks20.27%
1 Month-14.56%
3 Month-44.52%
6 Month-41.08%
12 Month-22.24%
2 Year47.82%
3 Year28.8%
5 Year235.26%
10 Year1341.09%
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)1.7
RSI(14)50.96
LBB36.16
UBB55.45
53.94
+2.19 (+4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.23%
1 Week24.46%
2 Weeks20.27%
1 Month-14.56%
3 Month-44.52%
6 Month-41.08%
12 Month-22.24%
2 Year47.82%
3 Year28.8%
5 Year235.26%
10 Year1341.09%
15 YearN/A
Volatility
ATR(14)6.88
ATR(20)%12.84%
ATR Inc-44.94%
Range Today3.22
ADR(20)5.64
ADR(20)%10.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.27
Mansfield-3.33
10 Day High54.28
10 Day Low38.12
20 Day High62.72
20 Day Low32.52
52 Week High112.78
52 Week Low32.52
CS1 End41.24
CR1 Start96.13
Volume & EV
DER(3)3.11%
DER(5)2.14%
Volume2.09M
Volume Incr-23.26%
Vol(5)2.33M
Vol(50)2.31M