Technical Analysis for KORU - Direxion Daily South Korea Bull 3X Shares

Grade Last Price % Change Price Change
D 7.67 -1.79% -0.14
KORU closed down 1.79 percent on Tuesday, June 11, 2024, on 45 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 price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Down Weakness 0.00%
MACD Bullish Signal Line Cross Bullish -1.79%
Outside Day Range Expansion -1.79%
Fell Below 200 DMA Bearish 0.26%
Gapped Down Weakness 0.26%
Crossed Above 200 DMA Bullish -2.29%
Gapped Up Strength -2.29%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 18 hours ago
Possible NR7 about 19 hours ago
Fell Below 10 DMA about 23 hours ago
10 DMA Support about 23 hours ago
Down 3% about 23 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Korea 25/50 Index. The fund, under normal circumstances, 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 is designed to measure the performance of the large and mid cap segments of the South Korea equity market, covering approximately 85% of the free float-adjusted market capitalization in South Korea. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds MSCI EAFE Leveraged ETF Ultra ETF Msci Kld 400 Social Index Msci Kokusai Index Msci Korea

Is KORU 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 10.8502
52 Week Low 5.2606
Average Volume 414,999
200-Day Moving Average 7.84
50-Day Moving Average 8.02
20-Day Moving Average 7.95
10-Day Moving Average 7.59
Average True Range 0.32
RSI (14) 46.24
ADX 12.52
+DI 28.56
-DI 36.39
Chandelier Exit (Long, 3 ATRs) 8.04
Chandelier Exit (Short, 3 ATRs) 7.86
Upper Bollinger Bands 8.90
Lower Bollinger Band 7.00
Percent B (%b) 0.35
BandWidth 23.92
MACD Line -0.14
MACD Signal Line -0.14
MACD Histogram 0.0021
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.91
Resistance 3 (R3) 7.89 7.78 7.87
Resistance 2 (R2) 7.78 7.72 7.80 7.86
Resistance 1 (R1) 7.73 7.68 7.76 7.75 7.84
Pivot Point 7.62 7.62 7.64 7.63 7.62
Support 1 (S1) 7.57 7.56 7.59 7.59 7.50
Support 2 (S2) 7.46 7.52 7.47 7.48
Support 3 (S3) 7.41 7.46 7.47
Support 4 (S4) 7.43