Taking everything into account, RETL scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RETL is showing a nice and steady performance.
Although RETL 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
6.83
When analyzing the support we can see 7 important areas.
- Support @9.71 from a trend line in the daily time frame.
- A support zone ranging from 9.41 to 9.48. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @9.21 from a horizontal line in the daily time frame.
- Support @8.29 from a trend line in the weekly time frame.
- Support @7.57 from a trend line in the daily time frame.
- Support @7.11 from a horizontal line in the daily time frame.
- Support @6.90 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @10.81 from a horizontal line in the weekly time frame.
- Resistance @11.24 from a horizontal line in the weekly time frame.
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 RETL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RETL is up. |
| ChartMill Relative Strength | 80.25 | POSITIVE | RETL has a high relative strength, it outperformed 80.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RETL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RETL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RETL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.06 | NEUTRAL | The RSI value for RETL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RETL has a positive trend. |
| Stochastics (14,3) | 79.67 | NEUTRAL | The Stochastics value for RETL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for RETL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.8 | POSITIVE | The high ADX value value for RETL suggests a strong trend. |
10.8
+0.12 (+1.12%)
DIREXION DLY RETAIL BULL 3X / RETL FAQ
What is the ChartMill technical rating of DIREXION DLY RETAIL BULL 3X (RETL) stock?
ChartMill assigns a technical rating of 9 / 10 to RETL.
What is the current trend direction of DIREXION DLY RETAIL BULL 3X (RETL) stock?
The current trend direction for DIREXION DLY RETAIL BULL 3X (RETL) is Bullish.
What is the RSI signal for DIREXION DLY RETAIL BULL 3X (RETL) stock?
DIREXION DLY RETAIL BULL 3X (RETL) has an RSI value of 66.0569. This indicates that the stock is currently neutral.
What is the MACD signal for RETL stock?
The MACD indicator for DIREXION DLY RETAIL BULL 3X (RETL) has a value of 0.0665745, indicating a bearish trend.
Can you provide the support and resistance levels for DIREXION DLY RETAIL BULL 3X?
DIREXION DLY RETAIL BULL 3X (RETL) has a support level at 9.71 and a resistance level at 10.81. Check the full technical report for our detailed analysis of RETL support and resistance levels.