Real Estate Bear 3X Direxion (DRV) |
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9.215 0.055 (0.6%)
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03-03 15:08 |
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Open: |
9.22 |
Pre. Close: |
9.16 |
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High:
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9.36 |
Low:
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9.1233 |
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Volume:
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137,178 |
Market Cap:
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0M |
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The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the MSCI US IMI Real Estate 25/50 Index.
The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of its net assets (plus borrowing for investment purposes). The index is designed to measure the performance of the large-, mid- and small-capitalization segments of the U.S. equity universe that are classified in the real estate sector as per the GICS. The fund is non-diversified. |
Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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9.367 - 9.411 |
9.411 - 9.453 |
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Low:
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8.779 - 8.829 |
8.829 - 8.876 |
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Close:
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9.077 - 9.156 |
9.156 - 9.231 |
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Technical analysis |
as of: 2021-03-03 2:50:51 PM |
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Overall:
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 |
| Stoxline posted a BUY today, same as yesterday. Upward movement continues. |
| Target: |
Six months: 11.98 One year: 14.00 |
| Support: |
Support1: 8.89 Support2: 8.05 |
| Resistance: |
Resistance1: 10.26 Resistance2: 11.98 |
| Pivot: |
8.75  |
| Moving Average: |
MA(5): 9.00 MA(20): 8.82 
MA(100): 10.95 MA(250): 16.65 |
| MACD: |
MACD(12,26): -0.23 Signal(9): -0.36 |
| Stochastic oscillator: |
%K(14,3): 85.33 %D(3): 82.31 |
| RSI: |
RSI(14): 51.03 |
| 52-week: |
High: 71.04 Low: 8.05 Change(%): -63.7 |
| Average Vol(K): |
3-Month: 13478 10-Days: 16749 |
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Price, moving averages and Bollinger Bands |
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Price and moving averages has closed above its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is NEUTRAL in short-term; and BEARISH in mid-long term.DRV has closed below upper band by 7.4%. Bollinger Bands are 55.1% narrower than normal. The narrow width of the bands suggests low volatility as compared to DRV's normal range. The bands have been in this narrow range for 8 bars. This is a sign that the market may be about to initiate a new trend. |
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Headline News |
Thu, 31 Dec 2020
3 Inverse ETFs Ready to Tick Higher in 2021 - ETF Trends
Wed, 30 Dec 2020
Two Leveraged ETFs to Watch Out for in 2021 - Nasdaq
Fri, 18 Dec 2020
Direxion's Leveraged ETFs: Two Smart Ways to Play Real Estate Swings - ETF Trends
Wed, 16 Dec 2020
Best Leveraged ETFs of Last Week (Revised) - Nasdaq
Mon, 14 Dec 2020
Best Leveraged ETFs of Last Week - Nasdaq
Thu, 23 Jul 2020
Pandemic Is Causing Bank Executives to Rethink Real Estate - ETF Trends
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Financial Analysis |
| Growth |
n/a |
| Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing. |
| Profitability |
n/a |
| Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs. |
| Solvency |
n/a |
| Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry. |
| Efficiency |
n/a |
| Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not. |
| Price to Book Value: |
Neutral |
Discounted cash flow: |
Neutral |
| Return on Assets: |
Neutral |
Price to Earnings: |
Neutral |
| Return on Equity: |
Neutral |
Debt to Equity: |
Neutral |
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