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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
$21.16
$0.43(1.97%)
U.S. Market is Open · 14:39

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: 33.07)
Trend Strength:Very Strong (ADX: 60.89)
Volatility:High (ATR: 4.59)
Support/Resistance:$17.53 – $24.71 (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): 33.07

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 38.57

Bearish
Momentum remains weak below midpoint.

Williams %R: -65.44

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -14.39

Strongly Bearish
Sharp downside momentum.

Takeaway:Direxion Daily MSCI South Korea Bull 3X ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -9.10

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 60.89

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 4.59

Medium
Medium volatility, healthy price movement.

CCI (14): -38.22

Bearish
Bearish, momentum remains under pressure.

Takeaway:Direxion Daily MSCI South Korea Bull 3X ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.71
Middle Band (SMA 20)
$21.12
Lower Band
$17.53
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
$32.66
Middle Line (EMA 20)
$23.47
Lower Channel
$14.29
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-47.26M
Money Flow Index40.81Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.29Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:KORU shows neutral money flow, with no clear directional pressure.

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

RVI below 50 → vigor tilted toward sellers.

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