DIREXION DAILY GOOGL BULL 2X (GGLL) Stock Technical Analysis
NASDAQ:GGLL - Nasdaq - US25461A8412 - ETF - Currency: USD
Overall GGLL gets a technical rating of 2 out of 10. In the past year, GGLL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, GGLL is a bad performer in the overall market: 85% of all stocks are doing better.
GGLL 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 GGLL is lagging the market.
In the last month GGLL has a been trading in the 25.02 - 32.89 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GGLL has an average volume of 1840270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GGLL 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
26.75
52.13
We found 1 important support area.
- Support @27.02 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 31.76 to 31.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @51.61 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.1
Mansfield-2.25
10 Day High32.89
10 Day Low25.22
20 Day High32.89
20 Day Low25.02
52 Week High53.72
52 Week Low23.6
Performance
1 Week17.77%
2 Weeks1.31%
1 Month18.25%
3 Month-25.19%
6 Month-19.6%
12 Month-29.49%
2 Year12.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.4
RSI(14)56.25
LBB26.4
UBB33.16
31.75
+0.82 (+2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.65%
1 Week17.77%
2 Weeks1.31%
1 Month18.25%
3 Month-25.19%
6 Month-19.6%
12 Month-29.49%
2 Year12.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.92
ATR(20)%6.02%
ATR Inc-13.8%
Range Today1.4
ADR(20)1.61
ADR(20)%5.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.1
Mansfield-2.25
10 Day High32.89
10 Day Low25.22
20 Day High32.89
20 Day Low25.02
52 Week High53.72
52 Week Low23.6
CS1 End27.02
CR1 Start31.76
Volume & EV
DER(3)-0.08%
DER(5)-0.1%
Volume3.15M
Volume Incr85.57%
Vol(5)3.97M
Vol(50)1.84M