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WEBL stock – Direxion Daily Dow Jones Internet Bull 3X Shares sideways range & retest history

NYSE

On the weekly chart, WEBL has been moving sideways between $7.63 and $19.97 since 22 Oct 2023.

Since 2020, NasdaqScan has found 2 sideways ranges in WEBL. The completed range lasted 1092 days. It broke downward. The latest retest signal NasdaqScan detected in WEBL was in the week of 25 Sept 2022, below the earlier $9.33 – $65.88 range.

The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.

Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.

Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.

Sideways ranges

RangeStartedEndedHow it endedRetest signals (week of)
22 Oct 2023Open——
15 Mar 202012 Mar 2023 (1092 days)Broke below the range at $6.0125 Sept 2022 (Go ahead)

Retest signals detected

  • Week of 25 Sept 2022: retest of the low after a breakout below a sideways range, 924 days after the range began (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

← All current retest signals