Direxion Daily European Financials Bear 1X Share (EUFS) Stock Technical Analysis
USA - NYSEARCA:EUFS -
Overall EUFS gets a technical rating of 0 out of 10. EUFS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EUFS has a poor technical rating and the quality of the setup is also only medium 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
16.39
We found 1 important support area.
- A support zone ranging from 16.56 to 16.58. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.61 to 16.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.14 to 18.14. 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 | DOWN | NEGATIVE | The long term trend for EUFS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EUFS is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | EUFS 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 EUFS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EUFS is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 39.2 | NEUTRAL | The RSI value for EUFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EUFS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.07 | NEUTRAL | The Stochastics value for EUFS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for EUFS suggests low volalility. |
Direxion Daily European Financials Bear 1X Share
NYSEARCA:EUFS (9/25/2017, 8:04:03 PM)
16.6
+0.01 (+0.06%)
Direxion Daily European Financials Bear 1X Share / EUFS FAQ
Can you provide the ChartMill technical rating for Direxion Daily European Financials Bear 1X Share?
ChartMill assigns a technical rating of 0 / 10 to EUFS.
What is the current trend direction of Direxion Daily European Financials Bear 1X Share (EUFS) stock?
The current trend direction for Direxion Daily European Financials Bear 1X Share (EUFS) is Bearish.
What is the RSI signal for Direxion Daily European Financials Bear 1X Share (EUFS) stock?
Direxion Daily European Financials Bear 1X Share (EUFS) has an RSI value of 39.2038. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Direxion Daily European Financials Bear 1X Share?
The MACD indicator for Direxion Daily European Financials Bear 1X Share (EUFS) has a value of 0.053219, indicating a bearish trend.
What is the buy/sell signal for Direxion Daily European Financials Bear 1X Share (EUFS) stock?
The buy/sell signal for Direxion Daily European Financials Bear 1X Share (EUFS) is sell as both the short term and long term trends are negative.