DIREXION DAILY TECH BEAR 3X (TECS) Stock Technical Analysis
NYSEARCA:TECS - NYSE Arca - US25461A4940 - ETF - Currency: USD
Taking everything into account, TECS scores 0 out of 10 in our technical rating. TECS 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.
When comparing the yearly performance of all stocks, TECS is a bad performer in the overall market: 82% of all stocks are doing better.
TECS is currently trading near the lower end of its 52 week range, which is not a good sign. TECS is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month TECS has a been trading in the 42.97 - 90.88 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.
TECS has an average volume of 1157510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of TECS 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
40.93
86.34
When analyzing the support we can see 2 important areas.
- Support @43.86 from a trend line in the daily time frame.
- Support @41.34 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @81.90 from a trend line in the weekly time frame.
- Resistance @85.49 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.81
Mansfield-2.06
10 Day High56.1
10 Day Low42.97
20 Day High90.88
20 Day Low42.97
52 Week High101.82
52 Week Low40.89
Performance
1 Week-8.03%
2 Weeks-23.76%
1 Month-51.39%
3 Month-5.22%
6 Month-3.23%
12 Month-44.59%
2 Year-73.35%
3 Year-88.9%
5 Year-98.34%
10 Year-99.88%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-1.47
RSI(14)38.2
LBB35.94
UBB67.14
44.11
-1.49 (-3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.27%
1 Week-8.03%
2 Weeks-23.76%
1 Month-51.39%
3 Month-5.22%
6 Month-3.23%
12 Month-44.59%
2 Year-73.35%
3 Year-88.9%
5 Year-98.34%
10 Year-99.88%
15 YearN/A
Volatility
ATR(14)4.31
ATR(20)%15.23%
ATR Inc-43.02%
Range Today2.93
ADR(20)5.68
ADR(20)%12.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.81
Mansfield-2.06
10 Day High56.1
10 Day Low42.97
20 Day High90.88
20 Day Low42.97
52 Week High101.82
52 Week Low40.89
CS1 End43.86
CR1 Start81.9
Volume & EV
DER(3)-7.78%
DER(5)-6.24%
Volume1.15M
Volume Incr-35.83%
Vol(5)876.70K
Vol(50)1.16M