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DRV - Direxion Daily Real Estate Bear 3X ETF

DRV - Direxion Daily Real Estate Bear 3X ETF


Fri 16'th Mar 2018

PERIOD 2017-12-18 - 2018-03-16
CHANGE -2.49%
PRICE $12.92






Direxion Daily Real Estate Bear 3X ETF Stock Analysis

Technical stock analysis for Fri 16'th Mar 2018

Sell candidate since 2018-03-09 Loss -3.86%

Direxion Daily Real Estate Bear 3X ETF fell by -2.49% in the last day from $13.25 to $12.92 The price has fallen in 9 of the last 10 days and is down by -11.69% for this period. Volume has increased in the last day by 30 425 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 62 406 shares bought and sold for approximately $806 286.

Shorts 7.60% ( 2013-01-15 )
Cash n/a
Loans n/a
Beta -2.50
ROA n/a


Direxion Daily Real Estate Bear 3X ETF has broken the wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $13.93. A reaction back to this level may hold a second chance to get out before further falls.

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There are few to none technical positive signals at the moment. Direxion Daily Real Estate Bear 3X ETF holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $13.30 and $13.75. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday February 28, 2018, which indicates further falls until a new bottom pivot has been found. Direxion Daily Real Estate Bear 3X ETF gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's".

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Relative Strength Index (RSI)

RSI14 is 34 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Direxion Daily Real Estate Bear 3X ETF finds support from accumulated volume at $12.61. On the upside the stock meets some resistance from accumulated volume at $14.09, $14.18 and $14.64.

Support: $12.61 Price: $12.92 Resistance: $14.09


This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.46 between high and low, or 3.56%. For the last week, the stock has had a daily average volatility of 2.76%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High


The Direxion Daily Real Estate Bear 3X ETF stock holds several negative signals and despite the positive trend we believe Direxion Daily Real Estate Bear 3X ETF will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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