DIREXION DAILY S&P 500 HIGH (HIBS) Technical Analysis
NYSEARCA:HIBS • US25461H5569
Current stock price
HIBS Technical Rating and Analysis
Taking everything into account, HIBS scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. HIBS was also a bad performer in the overall market in the last year.
- 93% of all other stocks performed better in the past year than HIBS.
- HIBS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HIBS is lagging the market.
- HIBS has an average volume of 4066030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month HIBS has a been trading in the 39.40 - 50.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
HIBS Weekly and Daily overview Charts
HIBS Setup Rating and Analysis
Although the technical rating is only medium, HIBS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
HIBS Support and Resistance Analysis
39.39
We found 1 important support area.
- Support @39.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 46.32 to 47.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.54 to 48.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @50.40 from a horizontal line in the daily time frame.
HIBS 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 HIBS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIBS is up. |
| ChartMill Relative Strength | 7.16 | NEGATIVE | HIBS has a low relative strength, it was outperformed by 92.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HIBS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIBS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HIBS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.34 | NEUTRAL | The RSI value for HIBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests HIBS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.05 | NEUTRAL | The Stochastics value for HIBS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.37 | HIGH VOLATILITY | The high ATR as a percentage value for HIBS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.35 | NEUTRAL | The ADX value for HIBS suggests a possible start of a new trend. |
HIBS Chart- and CandleStick Pattern Analysis
HIBS Technicals: Chart, Performance Metrics, Trend & Indicators
45.69
-0.69 (-1.49%)
DIREXION DAILY S&P 500 HIGH / HIBS TA FAQ
What is the technical rating for HIBS stock?
ChartMill assigns a technical rating of 4 / 10 to HIBS.
Can you provide the trend direction for DIREXION DAILY S&P 500 HIGH?
The current trend direction for DIREXION DAILY S&P 500 HIGH (HIBS) is Bearish.
What is the RSI signal for DIREXION DAILY S&P 500 HIGH (HIBS) stock?
DIREXION DAILY S&P 500 HIGH (HIBS) has an RSI value of 52.336. This indicates that the stock is currently neutral.
What is the short term momentum for DIREXION DAILY S&P 500 HIGH (HIBS) stock?
The short term momentum for DIREXION DAILY S&P 500 HIGH (HIBS) is positive.
What is the buy/sell signal for HIBS stock?
The buy/sell signal for DIREXION DAILY S&P 500 HIGH (HIBS) is hold as the short term and long term trends are mixed.