Overall RETL gets a technical rating of 4 out of 10. RETL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month RETL has a been trading in the 9.20 - 11.29 range, which is quite wide. It is currently trading near the lows of this range.
- RETL is currently trading in the upper part of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So RETL is doing quite good in this market.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that RETL is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although the technical rating is only medium, RETL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.87. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RETL 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
6.83
We found 5 important support areas.
- Support @9.41 from a horizontal line in the weekly time frame.
- Support @9.21 from a horizontal line in the daily time frame.
- Support @8.62 from a trend line in the weekly 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.
We found 1 important resistance area.
- A resistance zone ranging from 10.87 to 11.24. 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 | NEUTRAL | NEUTRAL | The long term trend for RETL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RETL is down. |
| ChartMill Relative Strength | 79.03 | POSITIVE | RETL has a high relative strength, it outperformed 79.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RETL is below 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) | 48.54 | NEUTRAL | The RSI value for RETL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests RETL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.29 | OVERSOLD | The low Stochastics value suggests RETL may be oversold. |
| Average True Range in percent/ATR (20) | 6.16 | HIGH VOLATILITY | The high ATR as a percentage value for RETL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for RETL suggests a weak or negative trend. |
9.96
+0.52 (+5.51%)
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 4 / 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 Bearish.
What is the RSI signal for DIREXION DLY RETAIL BULL 3X (RETL) stock?
DIREXION DLY RETAIL BULL 3X (RETL) has an RSI value of 48.5414. 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 -0.156989, 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 9.41 and a resistance level at 10.87. Check the full technical report for our detailed analysis of RETL support and resistance levels.