Technical Analysis for NAIL - Direxion Daily Homebuilders & Supplies Bull 3X Shares

Grade Last Price % Change Price Change
D 113.36 1.40% 1.57
NAIL closed up 1.4 percent on Monday, April 29, 2024, on 54 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Slingshot Bearish Bearish Swing Setup 1.40%
Multiple of Ten Bullish Other 1.40%
Wide Bands Range Expansion 1.40%
Multiple of Ten Bullish Other 4.83%
Wide Bands Range Expansion 4.83%
Gapped Down Weakness 4.83%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 3.70%
Multiple of Ten Bearish Other 3.70%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 3 hours ago
Possible NR7 about 4 hours ago
Rose Above Previous Day's High about 8 hours ago
Up 3% about 8 hours ago
Up 2% about 8 hours ago

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Profile

The investment seeks daily investment results of 300% of the performance of the Dow Jones U.S. Select Home Construction Index. The fund normally creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures U.S. companies in the home construction sector that provide a wide range of products and services related to homebuilding, including home construction and producers, sellers and suppliers of building materials, furnishings and fixtures and also home improvement retailers. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Building Materials Home Improvement Retailer Improvement Retailers Dow Jones U.S. Select Home Construction Index

Top 10 Components

Symbol Grade Price % Change Allocation
DHI C 0.44 9.78
LEN C 0.76 8.54
NVR D -1.40 5.59
PHM B 0.67 5.34
LOW C 0.47 3.09
SHW D -0.12 2.92
HD C 0.51 2.86
TOL B 1.16 2.78
BLD B 1.73 2.75
BLDR C -0.11 2.16

Is NAIL 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 153.37
52 Week Low 39.9714
Average Volume 199,741
200-Day Moving Average 89.40
50-Day Moving Average 123.91
20-Day Moving Average 117.28
10-Day Moving Average 107.72
Average True Range 7.93
RSI (14) 45.65
ADX 20.63
+DI 22.78
-DI 27.21
Chandelier Exit (Long, 3 ATRs) 129.59
Chandelier Exit (Short, 3 ATRs) 123.06
Upper Bollinger Bands 140.72
Lower Bollinger Band 93.84
Percent B (%b) 0.42
BandWidth 39.97
MACD Line -5.26
MACD Signal Line -5.03
MACD Histogram -0.23
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 119.80
Resistance 3 (R3) 119.82 117.69 118.73
Resistance 2 (R2) 117.69 116.05 117.68 118.37
Resistance 1 (R1) 115.52 115.03 116.60 115.51 118.01
Pivot Point 113.39 113.39 113.93 113.38 113.39
Support 1 (S1) 111.23 111.75 112.31 111.21 108.71
Support 2 (S2) 109.10 110.74 109.09 108.35
Support 3 (S3) 106.94 109.10 107.99
Support 4 (S4) 106.92