DIRXION DLY PANW BULL 2X SHR (PALU) Stock Technical Analysis
USA - NASDAQ:PALU - US25461A3793 - ETF
25.8655 USD
-1.69 (-6.12%)
26.34 USD
+0.47 (+1.83%)
We assign a technical rating of 7 out of 10 to PALU. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PALU is a bad performer.
When comparing the yearly performance of all stocks, PALU is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month PALU has a been trading in the 23.51 - 28.33 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
PALU has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
16.86
26.52
We found 3 important support areas.
- A support zone ranging from 24.16 to 24.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.91 from a trend line in the daily time frame.
- Support @17.03 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.23 to 26.26. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for PALU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PALU is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | PALU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PALU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PALU is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.36 | NEUTRAL | The RSI value for PALU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PALU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.39 | NEUTRAL | The Stochastics value for PALU is a neutral value. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for PALU suggests some volalility. |
| Average Directional Index/ADX (14) | 30.17 | POSITIVE | The high ADX value value for PALU suggests a strong 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)
25.8655
-1.69 (-6.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.12%
1 Week0.84%
2 Weeks5.5%
1 Month10.87%
3 Month16.83%
6 Month36.32%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%4.35%
ATR Inc38.77%
Range Today2.25
ADR(20)1.02
ADR(20)%3.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High28.33
10 Day Low24.44
20 Day High28.33
20 Day Low23.51
52 Week HighN/A
52 Week LowN/A
CS1 End24.52
CR1 Start26.23
Volume & EV
DER(3)2.47%
DER(5)-2.9%
Volume43.00K
Volume Incr-19.23%
Vol(5)30.28K
Vol(50)83.79K