Direxion Etf Technical Analysis

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Direxion technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Direxion trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Direxion Technical Analysis

Direxion Trend Analysis

Use this graph to draw trend lines for Direxion. You can use it to identify possible trend reversals for Direxion as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Direxion price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Direxion Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Direxion applied against its price change over selected period. The best fit line has a slop of   NaN  , . It has 0 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Direxion price change compared to its average price change.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Direxion information on this page should be used as a complementary analysis to other Direxion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

When running Direxion's price analysis, check to measure Direxion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Direxion is operating at the current time. Most of Direxion's value examination focuses on studying past and present price action to predict the probability of Direxion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direxion's price. Additionally, you may evaluate how the addition of Direxion to your portfolios can decrease your overall portfolio volatility.