Direxion Daily Natural Gas Related Bull 3X Shares New (GASL) Stock Technical Analysis
USA - NYSEARCA:GASL -
6.34 USD
-1.72 (-21.34%)
6.52 USD
+0.18 (+2.84%)
Taking everything into account, GASL scores 0 out of 10 in our technical rating. GASL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than GASL.
GASL is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month GASL has a been trading in the 6.11 - 241.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
GASL has an average volume of 10089100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GASL has a poor technical rating and the quality of the setup is also not perfect 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
6.28
6.40
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 GASL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GASL is down. |
| ChartMill Relative Strength | 0.01 | NEGATIVE | GASL has a low relative strength, it was outperformed by 99.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GASL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GASL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GASL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 15.8 | OVERSOLD | The low RSI value suggests GASL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 15.87 | POSITIVE | The MACD value suggests GASL has a positive trend. |
| Stochastics (14,3) | 1.46 | OVERSOLD | The low Stochastics value suggests GASL may be oversold. |
| Average True Range in percent/ATR (20) | 297.7 | HIGH VOLATILITY | The high ATR as a percentage value for GASL suggests high volalility. |
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)
Direxion Daily Natural Gas Related Bull 3X Shares New
NYSEARCA:GASL (3/27/2020, 8:05:56 PM)
After market: 6.52 +0.18 (+2.84%)6.34
-1.72 (-21.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-21.34%
1 Week-32.55%
2 Weeks-62.71%
1 Month-97.14%
3 Month-99.32%
6 Month-99.33%
12 Month-99.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.83
ATR(20)%297.7%
ATR Inc-86.5%
Range Today1.41
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.01
Mansfield-9.94
10 Day High16.53
10 Day Low6.11
20 Day High241
20 Day Low6.11
52 Week High4340
52 Week Low6.11
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-3%
DER(5)-1.51%
Volume438.20K
Volume Incr-55.28%
Vol(5)8.92M
Vol(50)10.09M