DRX DLY INDUSTRIALS BULL 3X (DUSL) Stock Technical Analysis
NYSEARCA:DUSL • US25460E7379
Taking everything into account, DUSL scores 10 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 23632 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.
- Looking at the yearly performance, DUSL did better than 90% of all other stocks. We also observe that the gains produced by DUSL over the past year are nicely spread over this period.
- DUSL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month DUSL has a been trading in the 77.81 - 99.17 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although DUSL has an excellent technical rating, it 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.
More info and screens
65.98
3 important support areas can be observed.
- Support @91.27 from a horizontal line in the daily time frame.
- Support @86.45 from a trend line in the daily time frame.
- Support @66.65 from a trend 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 | 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 | 90.85 | POSITIVE | DUSL has a high relative strength, it outperformed 90.85% 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) | UP | POSITIVE | The current price of DUSL is above the rising 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) | 67.37 | NEUTRAL | The RSI value for DUSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests DUSL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.93 | NEUTRAL | The Stochastics value for DUSL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for DUSL suggests some volalility. |
| Average Directional Index/ADX (14) | 31.5 | POSITIVE | The high ADX value value for DUSL suggests a strong trend. |
93.26
+1.99 (+2.18%)
DRX DLY INDUSTRIALS BULL 3X / DUSL FAQ
What is the ChartMill technical rating of DRX DLY INDUSTRIALS BULL 3X (DUSL) stock?
ChartMill assigns a technical rating of 10 / 10 to DUSL.
What is the trend direction for DUSL stock?
The current trend direction for DRX DLY INDUSTRIALS BULL 3X (DUSL) is Bullish.
Can you provide the RSI signal for DRX DLY INDUSTRIALS BULL 3X?
DRX DLY INDUSTRIALS BULL 3X (DUSL) has an RSI value of 67.3663. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DRX DLY INDUSTRIALS BULL 3X?
The MACD indicator for DRX DLY INDUSTRIALS BULL 3X (DUSL) has a value of 0.721529, indicating a bearish trend.
What are the support and resistance levels for DRX DLY INDUSTRIALS BULL 3X (DUSL) stock?
DRX DLY INDUSTRIALS BULL 3X (DUSL) has a support level at 91.27. Check the full technical report for our detailed analysis of DUSL support and resistance levels.