26 July, 2017
More notable recent Direxion Daily Retail Bull 2X Shares ETF (NYSEARCA:RETL) news were published by: Prnewswire.com which released: "Direxion Investments Announces Reverse and Forward Share Splits of 19 ..." on April 20, 2015, also Etfdb.com with their article: "Direxion's 2x ETFs Becoming 3x ETFs" published on November 28, 2011, Benzinga.com published: "Knowledge Is Power When It Comes To Leveraged ETFs" on October 27, 2016. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI).
Dedicated investors are constantly on the lookout for a bargain when it comes to stock picking.
From time to time, investors may be looking to shift their market strategy. Value investors may be searching for stocks with lower price to earnings ratios that possess higher dividend yields.
Stock markets can move in a flash, requiring investors to stay on their toes at all times. Playing things safe may be the choice for one investor but not the next. As markets tend to move in cycles, it may be necessary to align the portfolio to the category that is best positioned to make consistent gains in the future.
When applying indicators for technical analysis, traders and investors might want to look some additoinal indicators such as the ATR or Average True Range.
The ETF is -16.26% of its 52-Week High and 70.84% of its low, and is now having ATR of 1.48. The RSI oscillates on a scale from 0 to 100. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions.
Over the previous year, PowerShares Dynamic Pharmaceuticals Portfolio (:PJP)'s stock has performed -3.66%. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. The Williams %R oscillates in a range from 0 to -100. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading between -80 to -100 may be typically viewed as strong oversold territory. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. The ADX alone measures trend strength but not direction. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend. They may also be used to help spot support and resistance levels. At the time of writing, the 14-day ADX for Direxion Daily FTSE China Bull 3x Shares (YINN) is 22.24. In general, and ADX value from 0-25 would represent an absent or weak trend. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend.
