Technical Analysis for EVAV - Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

Grade Last Price % Change Price Change
F 18.17 8.44% 1.41
EVAV closed up 7.6 percent on Friday, April 26, 2024, on 68 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 8.44%
Wide Bands Range Expansion 8.44%
Gapped Up Strength 8.44%
Oversold Stochastic Weakness 8.44%
NR7 Range Contraction 16.67%
Narrow Range Bar Range Contraction 16.67%
Wide Bands Range Expansion 16.67%
Gapped Down Weakness 16.67%
Oversold Stochastic Weakness 16.67%
Outside Day Range Expansion 13.80%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 5 hours ago
Possible Pocket Pivot about 5 hours ago
Up 1 ATR about 5 hours ago
Gapped Up (Full) about 7 hours ago
Rose Above Previous Day's High about 7 hours ago

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Profile

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of the United States. The fund invests through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as swaps and futures to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track twice the daily performance of the Indxx US Electric and Autonomous Vehicles Index. Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares is domiciled in the United States.
Classification

Keywords: Exchange Traded Funds Inverse Exchange Traded Fund

Top 10 Components

Symbol Grade Price % Change Allocation
LI F 7.63 7.47
TSLA D 15.15 5.83
NKLA F 2.15 5.82
XPEV F 3.32 5.76
EH B 2.36 5.74
NIO F 2.34 5.11
RIVN F 3.71 4.92
GNTX C 0.43 4.43

Is EVAV a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 105.7727
52 Week Low 14.3723
Average Volume 9,470
200-Day Moving Average 44.03
50-Day Moving Average 22.24
20-Day Moving Average 18.64
10-Day Moving Average 16.02
Average True Range 1.23
RSI (14) 37.50
ADX 21.34
+DI 29.22
-DI 39.45
Chandelier Exit (Long, 3 ATRs) 20.07
Chandelier Exit (Short, 3 ATRs) 18.05
Upper Bollinger Bands 24.30
Lower Bollinger Band 12.99
Percent B (%b) 0.33
BandWidth 60.65
MACD Line -2.01
MACD Signal Line -1.99
MACD Histogram -0.0225
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.54
Resistance 3 (R3) 17.53 17.26 17.41
Resistance 2 (R2) 17.26 17.06 17.26 17.36
Resistance 1 (R1) 17.01 16.94 17.13 17.02 17.32
Pivot Point 16.74 16.74 16.80 16.74 16.74
Support 1 (S1) 16.49 16.54 16.61 16.50 16.19
Support 2 (S2) 16.22 16.42 16.22 16.15
Support 3 (S3) 15.97 16.22 16.11
Support 4 (S4) 15.98