Direxion Daily European Financials Bear 1X Share (EUFS) Technical Analysis
NYSEARCA:EUFS
Current stock price
EUFS Technical Rating and Analysis
Taking everything into account, EUFS scores 0 out of 10 in our technical rating. EUFS 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, EUFS is a bad performer in the overall market: 100% of all stocks are doing better.
- EUFS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EUFS is lagging the market.
- Warning: EUFS has an average volume of 564 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month EUFS has a been trading in the 15.35 - 17.05 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Volume is considerably higher in the last couple of days.
EUFS Weekly and Daily overview Charts
EUFS Setup Rating and Analysis
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
EUFS Support and Resistance Analysis
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.
When analyzing the resistance we notice 2 important 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.
EUFS Technical Indicator Signal Analysis
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. |
EUFS Chart- and CandleStick Pattern Analysis
EUFS Technicals: Chart, Performance Metrics, Trend & Indicators
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 TA 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.
Can you provide the trend direction for Direxion Daily European Financials Bear 1X Share?
The current trend direction for Direxion Daily European Financials Bear 1X Share (EUFS) is Bearish.
What is the RSI signal for 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.
What is the MACD signal for Direxion Daily European Financials Bear 1X Share (EUFS) stock?
The MACD indicator for Direxion Daily European Financials Bear 1X Share (EUFS) has a value of 0.053219, indicating a bearish trend.
Can you provide the support and resistance levels for Direxion Daily European Financials Bear 1X Share?
Direxion Daily European Financials Bear 1X Share (EUFS) has a support level at 16.58 and a resistance level at 16.61. Check the full technical report for our detailed analysis of EUFS support and resistance levels.