Direxion Daily Energy Bull 3X ETF (ERX) Rises 3.11% for Feb 23

Lawrence Kim
February 24, 2018

Investors may be searching high and low for the next breakout victor in the stock market. Moving averages are a popular trading tool among investors. As we move deeper into the year, investors will be closely tracking the next few earnings periods. Direxion Daily Financial Bull 3X Shares has a 52-week low of $41.08 and a 52-week high of $82.80. Values can range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would indicate an oversold situation. The Williams %R was developed by Larry Williams.

The "Aroon Indicator" is a popular member of the "Oscillator" family of technical indicators. The original version of this story can be accessed at https://theenterpriseleader.com/2018/02/22/timber-hill-llc-sells-16619-shares-of-direxion-daily-financial-bull-3x-shares-fas.html. Technical stock analysts may use a combination of different time periods in order to figure out the history of the equity and where it may be headed in the future. Currently, the 7-day moving average is sitting at 50.27.

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index).

When undertaking stock analysis, investors and traders may choose to view multiple technical levels. On the flip side, an RSI near 0 may signal weaker momentum. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold). KDDL LTD. -$ (KDDL.BO)'s Williams Percent Range or 14 day Williams %R now sits at -12.23. The normal reading of a stock will fall in the range of 30 to 70. Standard & Poor's selects the 500 stocks comprising the Index on the basis of market values and industry diversification. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. After a recent check, the 14-day RSI for Direxion S&P Oil & Gas Expl Bull 3X is now at 41.72, the 7-day stands at 48.83, and the 3-day is sitting at 69.20. Traders use the "Up and Down" indicator lines to judge the strength of a trend, as absolute values signify strength, but simultaneous changes reflect a market that has yet to make up its mind. The ADX was introduced by J. Welles Wilder in the late 1970's and it has stood the test of time. The ADX is typically used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) which point to the direction of the trend. Exencial Wealth Advisors LLC bought a new stake in Direxion Daily Financial Bull 3X Shares during the 3rd quarter valued at $12,020,000. The general interpretation of the ATR is the higher the ATR value, the higher the volatility. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

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