Stock Symbol:   

Stoxline Mobile
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Direxion Daily Real Estate Bear 3X Shares (DRV)

60.25   -0.9 (-1.47%) 09-29 16:00
Open: 58.84 Pre. Close: 61.15
High: 61.45 Low: 57.91
Volume: 392,990 Market Cap: 0(M)

Technical analysis

as of: 2023-09-29 4:27:02 PM
Short-term rate:       
Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected.
Mid-term rate:       
Target: Six months: 74.29     One year: 86.77
Support: Support1: 53.34    Support2: 47
Resistance: Resistance1: 63.61    Resistance2: 74.29
Pivot: 54.89
Moving Average: MA(5): 60.75     MA(20): 53.63
MA(100): 49.29     MA(250): 51.29
MACD: MACD(12,26): 3.1     Signal(9): 2.2
Stochastic oscillator: %K(14,3): 85.1     %D(3): 89.8
RSI: RSI(14): 68.6
52-week: High: 84.94  Low: 35.43
Average Vol(K): 3-Month: 207 (K)  10-Days: 301 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.
[ DRV ] has closed below upper band by 22.1%. Bollinger Bands are 132.6% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 4 days. This is a sign that the current trend might continue.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 61.51 - 61.85 61.85 - 62.13
Low: 57.12 - 57.53 57.53 - 57.86
Close: 59.62 - 60.26 60.26 - 60.79

Company Description

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 provided by S&P Dow Jones Indices (the “index provider”) and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. The fund is non-diversified.

Headline News

Wed, 27 Sep 2023
5 Best Leveraged-Inverse ETFs of September - Nasdaq

Mon, 18 Sep 2023
DRV Dividend Announcement $0.4094/Share 9/18/2023 - Dividend Investor

Wed, 30 Aug 2023
Worried About a Housing Market Crash? Here's How to Short Real ... - InvestorPlace

Wed, 23 Aug 2023
Sector ETFs to Go Short on Higher Rate Worries - Yahoo Finance

Mon, 24 Apr 2023
ETFs in Focus as Banking Crisis Scars U.S. Real Estate Sector - Yahoo Finance

Wed, 05 Apr 2023
How to Short the Housing Market - InvestorPlace

Financial Analysis

Price to Book Value: Neutral
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Neutral
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Neutral
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Neutral
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  AMEX
Shares Out. 0 (M)
Shares Float 0 (M)
% Held by Insiders 0 (%)
% Held by Institutions 0 (%)
Shares Short 0 (K)
Shares Short P.Month 0 (K)

Stock Financials

EPS Est Next Qtl 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 0
Profit Margin (%) 0
Operating Margin (%) 0
Return on Assets (ttm) 0
Return on Equity (ttm) 0
Qtrly Rev. Growth 0
Gross Profit (p.s.) 0
Sales Per Share 0
EBITDA (p.s.) 0
Qtrly Earnings Growth 0
Operating Cash Flow 0 (M)
Levered Free Cash Flow 0 (M)

Stock Valuations

PE Ratio 0
PEG Ratio 0
Price to Book value 0
Price to Sales 0
Price to Cash Flow 0

Stock Dividends

Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.
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