DIREXION DAILY GOOGL BULL 2X (GGLL) Technical Analysis
NASDAQ:GGLL • US25461A8412
Current stock price
GGLL Technical Rating and Analysis
Overall GGLL gets a technical rating of 4 out of 10. Although GGLL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that GGLL is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, GGLL also shows a nice and consistent pattern of rising prices.
- GGLL has an average volume of 1479750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- GGLL is currently trading in the middle 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 slightly.
- In the last month GGLL has a been trading in the 70.15 - 93.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GGLL Weekly and Daily overview Charts
GGLL Setup Rating and Analysis
GGLL has an average technical rating and it also does not offer a high quality setup 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
GGLL Support and Resistance Analysis
30.93
2 important support areas can be observed.
- Support @71.62 from a trend line in the daily time frame.
- Support @31.24 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @90.65 from a trend line in the daily time frame.
- A resistance zone ranging from 93.02 to 93.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
GGLL 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 | NEUTRAL | NEUTRAL | The long term trend for GGLL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GGLL is down. |
| ChartMill Relative Strength | 95.16 | POSITIVE | GGLL has a high relative strength, it outperformed 95.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GGLL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GGLL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GGLL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.81 | NEUTRAL | The RSI value for GGLL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests GGLL has a positive trend. |
| Stochastics (14,3) | 56.57 | NEUTRAL | The Stochastics value for GGLL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for GGLL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.89 | POSITIVE | The high ADX value value for GGLL suggests a strong trend. |
GGLL Chart- and CandleStick Pattern Analysis
GGLL Technicals: Chart, Performance Metrics, Trend & Indicators
84.77
+2.32 (+2.81%)
DIREXION DAILY GOOGL BULL 2X / GGLL TA FAQ
Can you provide the ChartMill technical rating for DIREXION DAILY GOOGL BULL 2X?
ChartMill assigns a technical rating of 4 / 10 to GGLL.
What is the current trend direction of DIREXION DAILY GOOGL BULL 2X (GGLL) stock?
The current trend direction for DIREXION DAILY GOOGL BULL 2X (GGLL) is Bearish.
What is the RSI signal for GGLL stock?
DIREXION DAILY GOOGL BULL 2X (GGLL) has an RSI value of 48.8114. This indicates that the stock is currently neutral.
What is the short term momentum for DIREXION DAILY GOOGL BULL 2X (GGLL) stock?
The short term momentum for DIREXION DAILY GOOGL BULL 2X (GGLL) is negative.