Overall TECL gets a technical rating of 5 out of 10. In the last year, TECL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
TECL has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
105.89
We found 3 important support areas.
3 important resistance areas can be observed.
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 TECL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TECL is neutral. |
| ChartMill Relative Strength | 73.41 | POSITIVE | TECL has a high relative strength, it outperformed 73.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TECL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TECL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TECL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.51 | NEUTRAL | The RSI value for TECL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TECL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.7 | NEUTRAL | The Stochastics value for TECL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for TECL suggests high volalility. |
| Average Directional Index/ADX (14) | 20.45 | NEUTRAL | The ADX value for TECL suggests a possible start of a new trend. |
118.53
+3.1 (+2.69%)
ChartMill assigns a technical rating of 5 / 10 to TECL.
The current trend direction for DIREXION DAILY TECH BULL 3X (TECL) is Bullish.
DIREXION DAILY TECH BULL 3X (TECL) has an RSI value of 47.5114. This indicates that the stock is currently neutral.
The MACD indicator for DIREXION DAILY TECH BULL 3X (TECL) has a value of 0.0923672, indicating a bearish trend.