DIREXION DAILY MSCI INDIA BU (INDL) Stock Technical Analysis
USA - NYSEARCA:INDL - US25490K3317 - ETF
56.64 USD
-0.21 (-0.37%)
Overall INDL gets a technical rating of 1 out of 10. INDL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than INDL.
INDL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: INDL has an average volume of 28361 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month INDL has a been trading in the 54.00 - 58.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, INDL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 56.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INDL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
50.16
64.20
2 important support areas can be observed.
- A support zone ranging from 54.74 to 56.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @50.67 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @59.74 from a trend line in the weekly time frame.
- A resistance zone ranging from 61.42 to 62.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 63.56 to 63.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 INDL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INDL is neutral. |
| ChartMill Relative Strength | 13.12 | NEGATIVE | INDL has a low relative strength, it was outperformed by 86.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INDL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INDL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INDL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.74 | NEUTRAL | The RSI value for INDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests INDL has a positive trend. |
| Stochastics (14,3) | 71.97 | NEUTRAL | The Stochastics value for INDL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for INDL suggests low volalility. |
| Average Directional Index/ADX (14) | 16.08 | NEGATIVE | The low ADX value for INDL suggests a weak or negative trend. |
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)
NYSEARCA:INDL (9/12/2025, 8:04:00 PM)
56.64
-0.21 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.37%
1 Week2.56%
2 Weeks1.96%
1 Month2.11%
3 Month-5.44%
6 Month12.29%
12 Month-23.7%
2 Year18.22%
3 Year26.43%
5 Year79.81%
10 Year-2.81%
15 Year-72.02%
Volatility
ATR(14)0.79
ATR(20)%1.41%
ATR Inc-50.63%
Range Today0.39
ADR(20)0.46
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.12
Mansfield-1.47
10 Day High57.01
10 Day Low54
20 Day High58.52
20 Day Low54
52 Week High78
52 Week Low48
CS1 End56.37
CR1 Start59.74
Volume & EV
DER(3)5.06%
DER(5)3.75%
Volume15.40K
Volume Incr-28.95%
Vol(5)19.54K
Vol(50)28.36K