DIREXION DLY M SK BULL 3X-UI (KORU) Technical Analysis
NYSEARCA:KORU • US25461A3876
Current stock price
KORU Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to KORU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KORU is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, KORU did better than 99% of all other stocks. We also observe that the gains produced by KORU over the past year are nicely spread over this period.
- KORU 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 KORU is lagging the market slightly.
- In the last month KORU has a been trading in the 233.33 - 540.28 range, which is quite wide. It is currently trading near the high of this range.
- KORU has an average volume of 1139050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
KORU Weekly and Daily overview Charts
KORU Setup Rating and Analysis
Although KORU has an excellent technical rating, it 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
KORU Support and Resistance Analysis
262.95
We found 2 important support areas.
- Support @304.67 from a trend line in the weekly time frame.
- Support @265.61 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 515.86 to 515.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
KORU 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 | UP | POSITIVE | The long term trend for KORU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KORU is up. |
| ChartMill Relative Strength | 99.68 | POSITIVE | KORU has a high relative strength, it outperformed 99.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KORU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KORU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KORU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.66 | NEUTRAL | The RSI value for KORU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 17.68 | POSITIVE | The MACD value suggests KORU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.64 | OVERBOUGHT | The high Stochastics value suggests KORU may be overbought. |
| Average True Range in percent/ATR (20) | 10.05 | HIGH VOLATILITY | The high ATR as a percentage value for KORU suggests high volalility. |
| Average Directional Index/ADX (14) | 19.69 | NEGATIVE | The low ADX value for KORU suggests a weak or negative trend. |
KORU Chart- and CandleStick Pattern Analysis
KORU Technicals: Chart, Performance Metrics, Trend & Indicators
461.74
-32.21 (-6.52%)
DIREXION DLY M SK BULL 3X-UI / KORU TA FAQ
What is the ChartMill technical rating of DIREXION DLY M SK BULL 3X-UI (KORU) stock?
ChartMill assigns a technical rating of 10 / 10 to KORU.
What is the current trend direction of DIREXION DLY M SK BULL 3X-UI (KORU) stock?
The current trend direction for DIREXION DLY M SK BULL 3X-UI (KORU) is Bullish.
What is the RSI signal for DIREXION DLY M SK BULL 3X-UI (KORU) stock?
DIREXION DLY M SK BULL 3X-UI (KORU) has an RSI value of 57.6575. This indicates that the stock is currently neutral.
What is the MACD signal for KORU stock?
The MACD indicator for DIREXION DLY M SK BULL 3X-UI (KORU) has a value of 17.6782, indicating a bullish trend.
What is the short term momentum for DIREXION DLY M SK BULL 3X-UI (KORU) stock?
The short term momentum for DIREXION DLY M SK BULL 3X-UI (KORU) is positive.