The ETF is up on the day, since yesterday the market segment is up 2.62%. It looks like DRN may be interacting with a slightly angled resistance line. This area could represent a pivot point. In addition to being near an angled resistance line DRN is near a moderate horizontal resistance line. These areas typically mark where sellers have previously been at or buyers don't think the asset is worth more than this price.
An average resistance line like this could mark a reversal point. Or a good time to sell. Of course, if it breaks through the line there may be a burst of buying on the other side that pushes the price up. Direxion Daily Real Estate Bull 3x Shares has been drifting up over the last few months, we'll see if it has the energy to break through or if buyers decide to take profit.
If the price breaks through the resistance level it will probably move up to the $11.65 where it may meet further resistance. If the price does in fact bounce off here, it might find nearest support down at the $9.99 level, hard to say where it will go from there though.
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REXR | REXFORD INDUSTRIAL REALTY | 1.82 | 1.09 | 3.33 | 1.01 | 1.62 | -15.75 | -5.01 | 52 | -4.32 | -15.74 | -13.04 | -25746.74 | -925.97 | 0 | 0 | 5.74888 |
| EGP | EastGroup Properties Inc. | 1.79 | 1.30 | 3.99 | 2.26 | 9.69 | 11.41 | 19.32 | 60 | 35.93 | 65.99 | 86.47 | -317.38 | -29963.75 | 0 | 0 | 2.52315 |
| UDR | UDR, Inc. | 1.76 | 0.74 | 2.05 | 6.72 | 11.80 | 10.61 | -6.06 | 69 | 3.92 | 4.04 | 1.72 | -264.32 | -7270.41 | 0 | 0 | 0.842944 |
| ELS | Equity Lifestyle Properti | 1.67 | 1.39 | 5.43 | 6.09 | -0.60 | 5.33 | 2.90 | 72 | 1.65 | 1.25 | 1.18 | -922.79 | -6439.23 | 0 | 0 | 4.71841 |
| TRNO | Terreno Realty Corporatio | 1.66 | 0.92 | 5.42 | 3.41 | 8.69 | 8.03 | 13.17 | 64 | 23.28 | 32.14 | 40.41 | 599.10 | -17555.89 | 0 | 0 | 3.50651 |
| ARE | Alexandria Real Estate Eq | 1.65 | 0.76 | 5.79 | 18.23 | 7.37 | 16.68 | -27.22 | 57 | -6.66 | -10.36 | -22.24 | -32498.10 | -3108.54 | 0 | 0 | 4.58275 |
| FR | First Industrial Realty T | 1.64 | 1.24 | 4.40 | 4.50 | 8.06 | 7.69 | 27.96 | 62 | 26.75 | 49.76 | 81.43 | -277.24 | -26584.25 | 0 | 0 | 1.05568 |
| ESS | Essex Property Trust, Inc | 1.62 | 1.13 | 0.62 | 6.25 | 15.21 | 9.93 | -2.07 | 61 | 12.89 | 8.60 | 7.21 | -6017.43 | -7553.16 | 0 | 0 | 2.59379 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
