Direxion Daily Semicondct Bear 3X ETF (SOXS) Rises 11.39% for April 19

Over the course of the day 7,950 shares traded hands, as compared to an average volume of 30,770 over the last 30 days for Direxion Daily Retail Bull 3X ETF (NYSEARCA:RETL). CCI is an indicator used in technical analysis that was designed by Donald Lambert.

Moving averages can help spot trends and price reversals. The Ichimoku components are introduced in a specific order because that is how you should analyze or trade the market. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. But remember the cloud has thickness, and thus resistance does as well, which by making these thicker reduces the risk of a false breakout.

The Average Directional Index or ADX. The ADX alone measures trend strength but not direction. The opposite would be the case for a falling ADX line. At the time of writing, the 14-day ADX for Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) is standing at 12.22. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend.


The ETF's average P/E ratio is 17.29, the price to book is 2.03, the price to sales is 1.19 and the price to cashflow is 8.23. In general, if the indicator goes above -20, the stock may be considered overbought. MA's may be used to identify uptrends or downtrends, and they can be a prominent indicator for detecting a shift in momentum for a particular stock.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. This range falls on a scale between 0 and 100. A reading under 30 may indicate that the stock is oversold, and possibly undervalued.

Separately, SG Americas Securities LLC raised its holdings in Direxion Daily MSCI Emerging Markets Bear 3X Shares by 3.1% in the fourth quarter. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. Mixing up the portfolio with stocks from different sectors, market caps, and growth potential, may be the right move. Based on an average trading volume of 902,366 shares, the days-to-cover ratio is now 1.6 days.

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