Technical Analysis for HJEN - Direxion Hydrogen ETF

Grade Last Price % Change Price Change
C 11.48 -1.54% -0.18
HJEN closed down 1.54 percent on Friday, May 17, 2024, on 32 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
200 DMA Support Bullish -1.54%
Upper Bollinger Band Walk Strength -1.54%
Overbought Stochastic Strength -1.54%

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Profile

Direxion Hydrogen ETF Description

The Direxion Hydrogen ETF offers exposure to 30 companies leading the way towards net-zero emissions by providing more accessible, efficient, sustainable solutions across the following five hydrogen-related sub-themes. HJEN may be considered a satellite holding to complement other broader positions within a portfolio. Hydrogen Production and Generation: Companies involved in the process of hydrogen generation, in either liquid or solid form. Hydrogen Storage and Supply: Companies engaged in providing storage and transportation services of hydrogen. It also includes companies that supply hydrogen to various users and operate hydrogen fueling stations across countries. Fuel Cell and Battery: Companies manufacturing fuel cells and batteries that are run on hydrogen-based technology. Hydrogen Systems and Solutions: Companies offering equipment, components or technology used in hydrogen industry. Those involved in providing solutions and systems to the value chain across hydrogen generation, storage and supply. Membrane and Catalyst: Companies that design and produce membrane, filters, catalyst or membrane assemblies for fuel cell, or hydrogen-related, technologies.


Classification

Keywords: Industrial Gases Energy Storage Transportation Service Sustainable Technologies Fuel Cell Hydrogen Economy Hydrogen Technologies Hydrogen Vehicle Hydrogen Fuel Hydrogen Production Sustainable Solutions

Top 10 Components

Symbol Grade Price % Change Allocation
BE C 0.00 9.55
PLUG D 0.00 9.48
APD D 0.00 4.18
FCEL F 0.00 4.11
BP D 0.00 3.78
LIN D 0.00 3.75
HY B 0.00 0.55

Is HJEN 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 14.6227
52 Week Low 9.9636
Average Volume 13,237
200-Day Moving Average 11.52
50-Day Moving Average 10.84
20-Day Moving Average 10.80
10-Day Moving Average 11.17
Average True Range 0.28
RSI (14) 62.26
ADX 19.93
+DI 38.82
-DI 18.57
Chandelier Exit (Long, 3 ATRs) 11.14
Chandelier Exit (Short, 3 ATRs) 10.79
Upper Bollinger Bands 11.76
Lower Bollinger Band 9.85
Percent B (%b) 0.85
BandWidth 17.67
MACD Line 0.22
MACD Signal Line 0.10
MACD Histogram 0.1177
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.74
Resistance 3 (R3) 11.76 11.71 11.69
Resistance 2 (R2) 11.71 11.64 11.69 11.68
Resistance 1 (R1) 11.59 11.60 11.57 11.57 11.66
Pivot Point 11.54 11.54 11.52 11.52 11.54
Support 1 (S1) 11.42 11.47 11.40 11.40 11.30
Support 2 (S2) 11.37 11.43 11.35 11.28
Support 3 (S3) 11.25 11.37 11.27
Support 4 (S4) 11.23