DIREXION DAILY ENERGY BEAR 2 (ERY) Stock Technical Analysis
NYSEARCA:ERY - NYSE Arca - US25460G1792 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to ERY. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ERY is a bad performer in the overall market: 82% of all stocks are doing better.
ERY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ERY has a been trading in the 20.49 - 23.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ERY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.68. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ERY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.71
27.19
When analyzing the support we notice one important area.
- A support zone ranging from 19.91 to 20.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 22.68 to 23.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.29 from a trend line in the daily time frame.
- A resistance zone ranging from 25.20 to 25.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.78 from a horizontal line in the daily time frame.
- Resistance @26.92 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for ERY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ERY is neutral. |
| ChartMill Relative Strength | 18.34 | NEGATIVE | ERY has a low relative strength, it was outperformed by 81.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ERY is above the rising 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) | 50.69 | NEUTRAL | The RSI value for ERY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests ERY has a positive trend. |
| Stochastics (14,3) | 58.91 | NEUTRAL | The Stochastics value for ERY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ERY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for ERY suggests a weak or negative 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)
NYSEARCA:ERY (7/18/2025, 8:04:00 PM)
22.2
+0.39 (+1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.79%
1 Week7.66%
2 Weeks2.73%
1 Month2.83%
3 Month-11.8%
6 Month5.46%
12 Month-1.16%
2 Year-16.51%
3 Year-47.58%
5 Year-95.77%
10 Year-91.43%
15 Year-99.29%
Volatility
ATR(14)0.72
ATR(20)%3.33%
ATR Inc21.19%
Range Today1.02
ADR(20)0.72
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.34
Mansfield-1.27
10 Day High22.5
10 Day Low20.49
20 Day High23.11
20 Day Low20.49
52 Week High31.02
52 Week Low19.64
CS1 End20.1
CR1 Start22.68
Volume & EV
DER(3)2.06%
DER(5)5.27%
Volume251.00K
Volume Incr-21.43%
Vol(5)245.24K
Vol(50)272.70K