We assign a technical rating of 2 out of 10 to ERYY. In the last year, ERYY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of ERYY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.02
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.24 to 21.97. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ERYY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ERYY is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ERYY 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 ERYY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ERYY is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 35.44 | NEUTRAL | The RSI value for ERYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ERYY has a negative trend. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for ERYY suggests low volalility. |
Direxion Daily Energy Bear 1X S
NYSEARCA:ERYY (9/25/2017, 8:04:03 PM)
21.23
0 (0%)
Direxion Daily Energy Bear 1X S / ERYY FAQ
What is the ChartMill technical rating of Direxion Daily Energy Bear 1X S (ERYY) stock?
ChartMill assigns a technical rating of 2 / 10 to ERYY.
What is the trend direction for ERYY stock?
The current trend direction for Direxion Daily Energy Bear 1X S (ERYY) is Bullish.
What is the RSI signal for Direxion Daily Energy Bear 1X S (ERYY) stock?
Direxion Daily Energy Bear 1X S (ERYY) has an RSI value of 35.4387. This indicates that the stock is currently neutral.
What is the MACD signal for Direxion Daily Energy Bear 1X S (ERYY) stock?
The MACD indicator for Direxion Daily Energy Bear 1X S (ERYY) has a value of -0.0927749, indicating a bearish trend.
What is the short term momentum for Direxion Daily Energy Bear 1X S (ERYY) stock?
The short term momentum for Direxion Daily Energy Bear 1X S (ERYY) is negative.