We assign a technical rating of 5 out of 10 to DRIP. DRIP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
DRIP has an average technical rating and it also does not offer a high 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.
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7.89
We found 3 important support areas.
- A support zone ranging from 9.25 to 9.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.67 to 8.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.97 to 8.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.29 to 9.29. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @9.48 from a horizontal line in the daily time frame.
- Resistance @9.78 from a horizontal line in the daily time frame.
- Resistance @10.39 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for DRIP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRIP is up. |
| ChartMill Relative Strength | 22.1 | NEGATIVE | DRIP has a low relative strength, it was outperformed by 77.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRIP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRIP is above the rising 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) | 60.29 | NEUTRAL | The RSI value for DRIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests DRIP has a positive trend. |
| Stochastics (14,3) | 85.34 | OVERBOUGHT | The high Stochastics value suggests DRIP may be overbought. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for DRIP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for DRIP suggests a possible start of a new trend. |
NYSEARCA:DRIP (12/19/2025, 8:04:00 PM)
After market: 9.1305 -0.15 (-1.61%)9.28
-0.06 (-0.64%)
DIREXION DAILY S&P OIL & GAS / DRIP FAQ
What is the technical rating for DRIP stock?
ChartMill assigns a technical rating of 5 / 10 to DRIP.
Can you provide the trend direction for DIREXION DAILY S&P OIL & GAS?
The current trend direction for DIREXION DAILY S&P OIL & GAS (DRIP) is Bearish.
What is the RSI signal for DIREXION DAILY S&P OIL & GAS (DRIP) stock?
DIREXION DAILY S&P OIL & GAS (DRIP) has an RSI value of 60.2938. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIREXION DAILY S&P OIL & GAS?
The short term momentum for DIREXION DAILY S&P OIL & GAS (DRIP) is positive.
Can you provide the support and resistance levels for DIREXION DAILY S&P OIL & GAS?
DIREXION DAILY S&P OIL & GAS (DRIP) has a support level at 9.27 and a resistance level at 9.29. Check the full technical report for our detailed analysis of DRIP support and resistance levels.