Technical Analysis for DES2 - ETFS DAX Daily 2x Short GO ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | Down | Down | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
New 52 Week Closing Low | Bearish | 0.00% | |
Jack-in-the-Box Bearish | Bearish Swing Setup | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Lower Bollinger Band Walk | Weakness | 0.00% | |
Inside Day | Range Contraction | 0.00% | |
Below Lower BB | Weakness | 0.00% | |
Down 3 Days in a Row | Weakness | 0.00% | |
Down 4 Days in a Row | Weakness | 0.00% | |
Down 5 Days in a Row | Weakness | 0.00% | |
Oversold Stochastic | Weakness | 0.00% |
Alert | Time |
---|---|
Possible Inside Day | about 24 hours ago |
1.5x Volume Pace | 1 day ago |
Rose Above Lower Bollinger Band | 1 day ago |
Down 1% | 2 days ago |
Down 1 ATR | 2 days ago |
Free Daily (Stock) Chart Reading
ETFS DAX Daily 2x Short GO ETF Description
The ETFS DAX® Daily 2x Short GO UCITS ETF (DES2) is designed to track the performance of the ShortDAX® x2 Index (the "Tracked Index"). The Tracked Index is a strategic index that is designed to provide twice the inverse of the daily percentage change in the level of the DAX® Index (the "Underlying Index") plus an implied amount reflecting the interest accruing on the cash proceeds earned from the sale of the index portfolio (the "Interest Rate") less the cost of borrowing the index portfolio for the leveraged short exposure (the "Borrowing Cost"). This magnified inverse exposure is known as a 'short and leveraged' exposure. For example, if the Underlying Index was to decrease in value by 5% on a particular day, the Tracked Index is designed to increase in value by 10% on that day, subject to the adjustments for the Interest Rate and Borrowing Cost. DES2 is designed to reflect the performance of the Tracked Index, minus fees and expenses. DES2 is an exchange traded fund ("ETF").
Classification
Keywords: Exchange Traded Funds Exchange Traded Fund ETF Boost Etp Leverage Rowing Interest Rate Inverse Exchange Traded Fund Dax Deutsche Boerse Dax Index
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 1.5986 |
52 Week Low | 1.0344 |
Average Volume | 84,481 |
200-Day Moving Average | 1.31 |
50-Day Moving Average | 1.16 |
20-Day Moving Average | 1.09 |
10-Day Moving Average | 1.07 |
Average True Range | 0.01 |
RSI (14) | 18.70 |
ADX | 47.77 |
+DI | 13.85 |
-DI | 63.85 |
Chandelier Exit (Long, 3 ATRs) | 1.11 |
Chandelier Exit (Short, 3 ATRs) | 1.07 |
Upper Bollinger Bands | 1.15 |
Lower Bollinger Band | 1.04 |
Percent B (%b) | 0.0 |
BandWidth | 10.15 |
MACD Line | -0.03 |
MACD Signal Line | -0.03 |
MACD Histogram | -0.0026 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 1.04 | ||||
Resistance 3 (R3) | 1.04 | 1.04 | 1.04 | ||
Resistance 2 (R2) | 1.04 | 1.04 | 1.04 | 1.04 | |
Resistance 1 (R1) | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 |
Pivot Point | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 |
Support 1 (S1) | 1.04 | 1.04 | 1.04 | 1.04 | 1.03 |
Support 2 (S2) | 1.03 | 1.04 | 1.03 | 1.03 | |
Support 3 (S3) | 1.03 | 1.03 | 1.03 | ||
Support 4 (S4) | 1.03 |