DIREXION DAILY REAL ESTATE B (DRN) Stock Technical Analysis
NYSEARCA:DRN - NYSE Arca - US25459W7552 - ETF - Currency: USD
Overall DRN gets a technical rating of 3 out of 10. DRN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
In the last month DRN has a been trading in the 7.15 - 10.08 range, which is quite wide. It is currently trading near the high of this range.
DRN has an average volume of 1017430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the yearly performance of all stocks, we notice that DRN is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
DRN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
The technical rating of DRN 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
8.11
10.38
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.55 to 9.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.19 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.56 to 9.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.95 to 9.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.28 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.37
Mansfield-0.93
10 Day High10.08
10 Day Low8.86
20 Day High10.08
20 Day Low7.15
52 Week High14.07
52 Week Low6.31
Performance
1 Week-0.42%
2 Weeks5.52%
1 Month15.74%
3 Month-9.3%
6 Month-23.09%
12 Month14.08%
2 Year14.9%
3 Year-48.24%
5 Year-2.25%
10 Year-46.61%
15 Year78.57%
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)0.12
RSI(14)52.75
LBB8.55
UBB10.19
9.56
-0.14 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.44%
1 Week-0.42%
2 Weeks5.52%
1 Month15.74%
3 Month-9.3%
6 Month-23.09%
12 Month14.08%
2 Year14.9%
3 Year-48.24%
5 Year-2.25%
10 Year-46.61%
15 Year78.57%
Volatility
ATR(14)0.46
ATR(20)%5.42%
ATR Inc-35.41%
Range Today0.35
ADR(20)0.48
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.37
Mansfield-0.93
10 Day High10.08
10 Day Low8.86
20 Day High10.08
20 Day Low7.15
52 Week High14.07
52 Week Low6.31
CS1 End9.55
CR1 Start9.56
Volume & EV
DER(3)-7.21%
DER(5)-5.66%
Volume744.46K
Volume Incr-54.34%
Vol(5)570.31K
Vol(50)1.02M