Direxion Daily Russia Bull 2X Shares (RUSL) Technical Analysis
NYSEARCA:RUSL
Current stock price
RUSL Technical Rating and Analysis
Taking everything into account, RUSL scores 0 out of 10 in our technical rating. RUSL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than RUSL.
- RUSL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month RUSL has a been trading in the 2.50 - 24.27 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- RUSL has an average volume of 1432640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RUSL Weekly and Daily overview Charts
RUSL Setup Rating and Analysis
The technical rating of RUSL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
RUSL Support and Resistance Analysis
RUSL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for RUSL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RUSL is down. |
| ChartMill Relative Strength | 0.13 | NEGATIVE | RUSL has a low relative strength, it was outperformed by 99.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RUSL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RUSL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RUSL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.95 | OVERSOLD | The low RSI value suggests RUSL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.74 | NEGATIVE | The MACD value suggests RUSL has a negative trend. |
| Stochastics (14,3) | 1.66 | OVERSOLD | The low Stochastics value suggests RUSL may be oversold. |
| Average True Range in percent/ATR (20) | 96.19 | HIGH VOLATILITY | The high ATR as a percentage value for RUSL suggests high volalility. |
RUSL Chart- and CandleStick Pattern Analysis
RUSL Technicals: Chart, Performance Metrics, Trend & Indicators
Direxion Daily Russia Bull 2X Shares
NYSEARCA:RUSL (3/3/2022, 8:07:48 PM)
Premarket: 2.78 +0.2 (+7.75%)2.58
-0.67 (-20.62%)
Direxion Daily Russia Bull 2X Shares / RUSL TA FAQ
What is the technical rating for RUSL stock?
ChartMill assigns a technical rating of 0 / 10 to RUSL.
Can you provide the trend direction for Direxion Daily Russia Bull 2X Shares?
The current trend direction for Direxion Daily Russia Bull 2X Shares (RUSL) is Bearish.
What is the RSI signal for RUSL stock?
Direxion Daily Russia Bull 2X Shares (RUSL) has an RSI value of 22.9549. This indicates that the stock is currently oversold.
Can you provide the short term momentum for Direxion Daily Russia Bull 2X Shares?
The short term momentum for Direxion Daily Russia Bull 2X Shares (RUSL) is negative.