DIREXION DAILY TECH BEAR 3X (TECS)

US25460G3939 - ETF

7.47  -0.02 (-0.27%)

After market: 7.5 +0.03 (+0.4%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to TECS. TECS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
88% of all other stocks performed better in the past year than TECS.
TECS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
TECS has an average volume of 12884900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TECS has a been trading in the 6.71 - 8.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TECS Weekly chart
TECS Daily chart
Setup Rating and Analysis

2

The technical rating of TECS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

6.79

9.18

We found 1 important support area.

  • A support zone ranging from 6.86 to 6.94. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 7.48 to 7.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 7.94 to 8.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @9.09 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.96
Mansfield-4.31
10 Day High7.96
10 Day Low6.71
20 Day High8.42
20 Day Low6.71
52 Week High17.5
52 Week Low6.71
Performance
1 Week4.92%
2 Weeks3.61%
1 Month-17.46%
3 Month-0.4%
6 Month-33.06%
12 Month-52.66%
2 Year-81.2%
3 Year-88.14%
5 Year-99.55%
10 Year-99.89%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)46.97
LBB6.64
UBB7.78
TECS Daily chart

DIREXION DAILY TECH BEAR 3X

NYSEARCA:TECS (5/31/2024, 7:08:43 PM)

After market: 7.5 +0.03 (+0.4%)

7.47

-0.02 (-0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.27%
1 Week4.92%
2 Weeks3.61%
1 Month-17.46%
3 Month-0.4%
6 Month-33.06%
12 Month-52.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%4.13%
ATR Inc
Range Today0.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.96
10 Day Low6.71
20 Day High8.42
20 Day Low6.71
52 Week High17.5
52 Week Low6.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume13.24M
Volume Incr-11.6%
Vol(5)9.34M
Vol(50)12.88M