Overall ERY gets a technical rating of 0 out of 10. ERY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ERY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 19.09, a Stop Loss order could be placed below this zone.
18.72
6 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for ERY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ERY is down. |
| ChartMill Relative Strength | 19.85 | NEGATIVE | ERY has a low relative strength, it was outperformed by 80.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ERY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ERY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.53 | NEUTRAL | The RSI value for ERY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ERY has a negative trend. |
| Stochastics (14,3) | 19.65 | OVERSOLD | The low Stochastics value suggests ERY may be oversold. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ERY suggests some volalility. |
| Average Directional Index/ADX (14) | 22.97 | NEUTRAL | The ADX value for ERY suggests a possible start of a new trend. |
NYSEARCA:ERY (12/5/2025, 12:37:50 PM)
18.91
-0.19 (-0.99%)
ChartMill assigns a technical rating of 0 / 10 to ERY.
The current trend direction for DIREXION DAILY ENERGY BEAR 2 (ERY) is Bearish.
DIREXION DAILY ENERGY BEAR 2 (ERY) has an RSI value of 39.5265. This indicates that the stock is currently neutral.
The MACD indicator for DIREXION DAILY ENERGY BEAR 2 (ERY) has a value of -0.0694, indicating a bearish trend.
The buy/sell signal for DIREXION DAILY ENERGY BEAR 2 (ERY) is sell as both the short term and long term trends are negative.