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Direxion Daily MSCI South Korea Bull 3X ETF

KORU Technical Analysis Summary (AMEX)

Analyze KORU on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

KORU●AMEX
Financial ServicesAsset Management - Leveraged
$21.47
$1.07(5.25%)
U.S. Market opens in 0h 38m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

KORU Technical Analysis Summary (AMEX)

Direxion Daily MSCI South Korea Bull 3X ETF (AMEX: KORU) stock currently shows a bearish trend on the AMEX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.22)
Trend Strength:Very Strong (ADX: 60.00)
Volatility:High (ATR: 4.35)
Support/Resistance:$17.55 – $24.74 (Bollinger Bands)

Technical conditions suggest Direxion Daily MSCI South Korea Bull 3X ETF on the AMEX is awaiting a decisive move. This mix signals that Direxion Daily MSCI South Korea Bull 3X ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 35.22

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 48.43

Neutral
Mid-range signal with no clear trend.

Williams %R: -39.27

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -11.05

Strongly Bearish
Sharp downside momentum.

Takeaway:Direxion Daily MSCI South Korea Bull 3X ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -8.39

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 60.00

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 4.35

Medium
Medium volatility, healthy price movement.

CCI (14): 24.29

Bullish
Bullish, momentum building upward.

Takeaway:Direxion Daily MSCI South Korea Bull 3X ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.74
Middle Band (SMA 20)
$21.15
Lower Band
$17.55
Current Position
Within Bands

Takeaway:Direxion Daily MSCI South Korea Bull 3X ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$31.98
Middle Line (EMA 20)
$23.29
Lower Channel
$14.60
Squeeze Status
Squeeze On

Takeaway:Direxion Daily MSCI South Korea Bull 3X ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-36.58M
Money Flow Index38.74Bearish, selling pressure outweighs inflows.
Relative Vigor Index52.25Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:KORU shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily MSCI South Korea Bull 3X ETF (AMEX: KORU), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Direxion Daily MSCI South Korea Bull 3X ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: KORU) Technical Analysis FAQ