DIREXION DAILY S&P OIL & GAS (DRIP) Technical Analysis
NYSEARCA:DRIP • US25460G3285
Current stock price
DRIP Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DRIP. DRIP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DRIP is a bad performer in the overall market: 96% of all stocks are doing better.
- DRIP is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so DRIP is lagging the market.
- In the last month DRIP has a been trading in the 4.30 - 6.63 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- DRIP has an average volume of 18759600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DRIP Weekly and Daily overview Charts
DRIP Setup Rating and Analysis
The technical rating of DRIP 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.
More info and screens
DRIP Support and Resistance Analysis
4.41
We can see 6 important resistance areas.
- Resistance @7.22 from a trend line in the weekly time frame.
- Resistance @8.71 from a trend line in the weekly time frame.
- Resistance @8.88 from a trend line in the daily time frame.
- Resistance @9.48 from a horizontal line in the daily time frame.
- Resistance @9.77 from a horizontal line in the daily time frame.
- Resistance @10.20 from a horizontal line in the weekly time frame.
DRIP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DRIP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRIP is down. |
| ChartMill Relative Strength | 4.29 | NEGATIVE | DRIP has a low relative strength, it was outperformed by 95.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRIP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRIP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRIP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.4 | OVERSOLD | The low RSI value suggests DRIP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DRIP has a negative trend. |
| Stochastics (14,3) | 9.26 | OVERSOLD | The low Stochastics value suggests DRIP may be oversold. |
| Average True Range in percent/ATR (20) | 7.41 | HIGH VOLATILITY | The high ATR as a percentage value for DRIP suggests high volalility. |
| Average Directional Index/ADX (14) | 43.04 | POSITIVE | The high ADX value value for DRIP suggests a strong trend. |
DRIP Chart- and CandleStick Pattern Analysis
DRIP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:DRIP (3/20/2026, 8:04:00 PM)
After market: 4.4698 +0.02 (+0.44%)4.45
-0.1 (-2.2%)
DIREXION DAILY S&P OIL & GAS / DRIP TA FAQ
What is the technical rating for DRIP stock?
ChartMill assigns a technical rating of 0 / 10 to DRIP.
What is the current trend direction of DIREXION DAILY S&P OIL & GAS (DRIP) stock?
The current trend direction for DIREXION DAILY S&P OIL & GAS (DRIP) is Bearish.
What is the RSI signal for DRIP stock?
DIREXION DAILY S&P OIL & GAS (DRIP) has an RSI value of 23.4028. This indicates that the stock is currently oversold.
What is the MACD signal for DRIP stock?
The MACD indicator for DIREXION DAILY S&P OIL & GAS (DRIP) has a value of -0.0197101, indicating a bearish trend.
Can you provide the support and resistance levels for DIREXION DAILY S&P OIL & GAS?
DIREXION DAILY S&P OIL & GAS (DRIP) has a resistance level at 7.22. Check the full technical report for our detailed analysis of DRIP support and resistance levels.