DIREXION DLY RETAIL BULL 3X (RETL) Stock Technical Analysis
USA - NYSEARCA:RETL - US25460G8151 - ETF
9.5 USD
+0.42 (+4.63%)
9.64 USD
+0.14 (+1.47%)
We assign a technical rating of 3 out of 10 to RETL. In the last year, RETL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, RETL outperforms 64% of them, which is more or less in line with the market.
RETL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RETL is lagging the market.
In the last month RETL has a been trading in the 8.24 - 11.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of RETL is bad and it also does not present a 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
8.18
11.35
We found 1 important support area.
- A support zone ranging from 8.26 to 8.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 9.81 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.47 to 10.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @10.88 from a horizontal line in the daily 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 | 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 | 64.06 | NEUTRAL | RETL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RETL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RETL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RETL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.19 | NEUTRAL | The RSI value for RETL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests RETL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.01 | NEUTRAL | The Stochastics value for RETL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for RETL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.5 | NEUTRAL | The ADX value for RETL suggests a possible start of a new 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)
9.5
+0.42 (+4.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.63%
1 Week1.82%
2 Weeks-5.66%
1 Month-9.95%
3 Month14.87%
6 Month86.64%
12 Month-0.42%
2 Year85.19%
3 Year16.42%
5 Year11.94%
10 Year-35.25%
15 Year470.8%
Volatility
ATR(14)0.54
ATR(20)%5.56%
ATR Inc75.42%
Range Today0.86
ADR(20)0.49
ADR(20)%5.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.06
Mansfield0.18
10 Day High10.57
10 Day Low8.24
20 Day High11.22
20 Day Low8.24
52 Week High11.92
52 Week Low4.12
CS1 End8.26
CR1 Start9.81
Volume & EV
DER(3)2.74%
DER(5)0.77%
Volume407.10K
Volume Incr48.39%
Vol(5)372.60K
Vol(50)340.59K