We assign a technical rating of 9 out of 10 to PILL. Both in the recent history as in the last year, PILL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although PILL 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.
6.63
When analyzing the support we can see 2 important areas.
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 PILL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PILL is up. |
| ChartMill Relative Strength | 86.21 | POSITIVE | PILL has a high relative strength, it outperformed 86.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PILL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PILL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PILL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.54 | NEUTRAL | The RSI value for PILL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PILL has a positive trend. |
| Stochastics (14,3) | 78.09 | NEUTRAL | The Stochastics value for PILL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for PILL suggests high volalility. |
| Average Directional Index/ADX (14) | 15.53 | NEGATIVE | The low ADX value for PILL suggests a weak or negative trend. |
10.01
+0.49 (+5.15%)
ChartMill assigns a technical rating of 9 / 10 to PILL.
The current trend direction for DIREXION DLY PHARMA BULL 3X (PILL) is Bullish.
DIREXION DLY PHARMA BULL 3X (PILL) has an RSI value of 64.541. This indicates that the stock is currently neutral.
The buy/sell signal for DIREXION DLY PHARMA BULL 3X (PILL) is buy as both the short term and long term trends are positive.
DIREXION DLY PHARMA BULL 3X (PILL) has a support level at 8.49. Check the full technical report for our detailed analysis of PILL support and resistance levels.