DIREXION DAILY LLY B 2X SHRS (ELIL) Stock Technical Analysis
NASDAQ:ELIL - US25461A3124 - ETF
14.8 USD
+0.21 (+1.44%)
14.88 USD
+0.08 (+0.54%)
Taking everything into account, ELIL scores 0 out of 10 in our technical rating. ELIL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, ELIL is a bad performer in the overall market: 100% of all stocks are doing better.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
In the last month ELIL has a been trading in the 11.50 - 20.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ELIL 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
14.65
19.77
3 important resistance areas can be observed.
- A resistance zone ranging from 14.81 to 14.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.22 from a trend line in the daily time frame.
- A resistance zone ranging from 19.56 to 19.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ELIL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELIL is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ELIL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELIL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELIL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 44.1 | NEUTRAL | The RSI value for ELIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ELIL has a positive trend. |
| Stochastics (14,3) | 47.44 | NEUTRAL | The Stochastics value for ELIL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.83 | HIGH VOLATILITY | The high ATR as a percentage value for ELIL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.93 | POSITIVE | The high ADX value value for ELIL suggests a strong trend. |
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)
14.8
+0.21 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.44%
1 Week7.56%
2 Weeks22.21%
1 Month-25.47%
3 Month-8.56%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%7.83%
ATR Inc-39.96%
Range Today0.59
ADR(20)0.89
ADR(20)%6.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High15.15
10 Day Low11.5
20 Day High20.47
20 Day Low11.5
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start14.81
Volume & EV
DER(3)-1.01%
DER(5)-1.54%
Volume332.80K
Volume Incr40.2%
Vol(5)440.00K
Vol(50)191.68K