DIREXI DLY IND BL 3X ETF-USI (DUSL) Technical Analysis
NYSEARCA:DUSL • US25460E7379
Current stock price
DUSL Technical Rating and Analysis
Taking everything into account, DUSL scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DUSL is showing a nice and steady performance.
- Warning: DUSL has an average volume of 25150 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that DUSL is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, DUSL also shows a nice and consistent pattern of rising prices.
- DUSL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DUSL is lagging the market slightly.
- In the last month DUSL has a been trading in the 66.37 - 91.72 range, which is quite wide. It is currently trading near the high of this range.
DUSL Weekly and Daily overview Charts
DUSL Setup Rating and Analysis
Besides having an excellent technical rating, DUSL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 85.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DUSL in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
DUSL Support and Resistance Analysis
64.39
5 important support areas can be observed.
- A support zone ranging from 84.81 to 85.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @73.45 from a trend line in the weekly time frame.
- Support @70.95 from a trend line in the weekly time frame.
- Support @67.52 from a horizontal line in the daily time frame.
- Support @65.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @90.40 from a horizontal line in the daily time frame.
DUSL 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 | UP | POSITIVE | The long term trend for DUSL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DUSL is up. |
| ChartMill Relative Strength | 86.63 | POSITIVE | DUSL has a high relative strength, it outperformed 86.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DUSL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DUSL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DUSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.43 | NEUTRAL | The RSI value for DUSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests DUSL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.11 | NEUTRAL | The Stochastics value for DUSL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for DUSL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.83 | NEGATIVE | The low ADX value for DUSL suggests a weak or negative trend. |
DUSL Chart- and CandleStick Pattern Analysis
DUSL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 90.41 | 84.80 | 5.61 (6.21%) | 16.12% |
| An entry @90.41. This is a Buy Stop order right above the resistance zone. | An exit @84.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.61 points, which is 6.21%. | When investing 16.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DUSL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DUSL Technicals: Chart, Performance Metrics, Trend & Indicators
87.4101
-0.05 (-0.06%)
DIREXI DLY IND BL 3X ETF-USI / DUSL TA FAQ
What is the ChartMill technical rating of DIREXI DLY IND BL 3X ETF-USI (DUSL) stock?
ChartMill assigns a technical rating of 9 / 10 to DUSL.
What is the trend direction for DUSL stock?
The current trend direction for DIREXI DLY IND BL 3X ETF-USI (DUSL) is Bullish.
What is the RSI signal for DUSL stock?
DIREXI DLY IND BL 3X ETF-USI (DUSL) has an RSI value of 54.4276. This indicates that the stock is currently neutral.
What is the buy/sell signal for DIREXI DLY IND BL 3X ETF-USI (DUSL) stock?
The buy/sell signal for DIREXI DLY IND BL 3X ETF-USI (DUSL) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for DIREXI DLY IND BL 3X ETF-USI?
DIREXI DLY IND BL 3X ETF-USI (DUSL) has a support level at 85.41 and a resistance level at 90.4. Check the full technical report for our detailed analysis of DUSL support and resistance levels.