Technical Analysis for LABD - Direxion Daily S&P Biotech Bear 3X Shares

Grade Last Price % Change Price Change
B 9.72 -7.60% -0.80
LABD closed down 4.62 percent on Friday, April 26, 2024, on 71 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Down

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup -7.60%
Wide Bands Range Expansion -7.60%
Wide Bands Range Expansion -11.88%
Gapped Up Strength -11.88%
Upper Bollinger Band Touch Strength -11.88%
Multiple of Ten Bullish Other -6.27%
Wide Bands Range Expansion -6.27%
Hammer Candlestick Bullish -3.48%
Upper Bollinger Band Walk Strength -3.48%
Multiple of Ten Bullish Other -3.48%

   Recent Intraday Alerts

Alert Time
20 DMA Support about 1 hour ago
Down 10% about 4 hours ago
60 Minute Opening Range Breakdown about 4 hours ago
1.5x Volume Pace about 6 hours ago
Gapped Down (Full) about 6 hours ago

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the S&P Biotechnology Select Industry Index. The index is provided by Standard & Poor's and includes domestic companies from the biotechnology industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the S&P Biotechnology Select Industry Index ("index"). It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Biotechnology Leveraged ETF Ultra ETF S&P 500 Index CBOE Inverse ETF Bear Market ETF Repurchase Agreement Financial Regulation Forward Contract

Top 10 Components

Symbol Grade Price % Change Allocation
EXEL A 0.17 1.91
BMRN D 1.66 1.89
BLUE F -0.16 1.87
VRTX C -0.37 1.84
SAGE F 3.51 1.80
UTHR B 1.76 1.78
REGN D 1.11 1.77
AMGN D 2.39 1.75
ALNY F 2.82 1.73
EXAS F -0.19 1.73

Is LABD 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 29.4219
52 Week Low 5.6716
Average Volume 16,335,093
200-Day Moving Average 14.00
50-Day Moving Average 8.02
20-Day Moving Average 9.31
10-Day Moving Average 10.31
Average True Range 0.73
RSI (14) 63.10
ADX 29.67
+DI 36.24
-DI 17.69
Chandelier Exit (Long, 3 ATRs) 9.21
Chandelier Exit (Short, 3 ATRs) 9.27
Upper Bollinger Bands 11.46
Lower Bollinger Band 7.16
Percent B (%b) 0.78
BandWidth 46.22
MACD Line 0.77
MACD Signal Line 0.64
MACD Histogram 0.1253
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.89
Resistance 3 (R3) 11.99 11.63 11.66
Resistance 2 (R2) 11.63 11.28 11.58 11.59
Resistance 1 (R1) 11.07 11.06 10.89 10.98 11.51
Pivot Point 10.71 10.71 10.62 10.66 10.71
Support 1 (S1) 10.16 10.36 9.98 10.06 9.53
Support 2 (S2) 9.80 10.15 9.75 9.45
Support 3 (S3) 9.24 9.80 9.38
Support 4 (S4) 9.15