Overall GUSH gets a technical rating of 8 out of 10. Although GUSH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- GUSH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GUSH is lagging the market slightly.
- In the last month GUSH has a been trading in the 21.18 - 28.18 range, which is quite wide. It is currently trading near the high of this range.
- GUSH has an average volume of 1132250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, GUSH turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
- Volume is considerably higher in the last couple of days.
Although GUSH has an excellent technical rating, it does not present a decent entry opportunity 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
20.43
We found 4 important support areas.
- Support @22.75 from a horizontal line in the daily time frame.
- Support @22.37 from a trend line in the weekly time frame.
- A support zone ranging from 21.36 to 21.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @27.14 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for GUSH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GUSH is up. |
| ChartMill Relative Strength | 62.47 | NEUTRAL | GUSH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GUSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GUSH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GUSH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.68 | NEUTRAL | The RSI value for GUSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests GUSH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.84 | OVERBOUGHT | The high Stochastics value suggests GUSH may be overbought. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for GUSH suggests some volalility. |
| Average Directional Index/ADX (14) | 34.03 | POSITIVE | The high ADX value value for GUSH suggests a strong trend. |
27.13
-0.94 (-3.35%)
DIREXION DAILY S&P OIL & GAS / GUSH FAQ
Can you provide the ChartMill technical rating for DIREXION DAILY S&P OIL & GAS?
ChartMill assigns a technical rating of 8 / 10 to GUSH.
Can you provide the trend direction for DIREXION DAILY S&P OIL & GAS?
The current trend direction for DIREXION DAILY S&P OIL & GAS (GUSH) is Bullish.
What is the RSI signal for GUSH stock?
DIREXION DAILY S&P OIL & GAS (GUSH) has an RSI value of 62.6809. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DIREXION DAILY S&P OIL & GAS?
The MACD indicator for DIREXION DAILY S&P OIL & GAS (GUSH) has a value of 0.320762, indicating a bearish trend.
Can you provide the support and resistance levels for DIREXION DAILY S&P OIL & GAS?
DIREXION DAILY S&P OIL & GAS (GUSH) has a support level at 22.75 and a resistance level at 27.14. Check the full technical report for our detailed analysis of GUSH support and resistance levels.