Technical Analysis for SPDN - Direxion Daily S&P 500 Bear 1X Shares

Grade Last Price % Change Price Change
grade F 25.362 -0.67% -0.17
SPDN closed down 0.67 percent on Friday, November 15, 2019, on 1.15 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical SPDN trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -0.67%
Down 3 Days in a Row Weakness -0.67%

Older signals for SPDN ...

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Basic chart:
Profile
The Direxion Daily S&P 500 Bear 1x Shares seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the S&P 500 Index. There is no guarantee the funds will meet their stated investment objectives.
Exchange Traded Funds S&P 500 Index Cboe Inverse Exchange Traded Fund S&P 500 Index
Is SPDN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 34.21
52 Week Low 25.362
Average Volume 16,591
200-Day Moving Average 27.357
50-Day Moving Average 26.326
20-Day Moving Average 25.8533
10-Day Moving Average 25.5981
Average True Range 0.1628
ADX 28.24
+DI 17.9026
-DI 44.3703
Chandelier Exit (Long, 3 ATRs ) 25.9516
Chandelier Exit (Short, 3 ATRs ) 25.8504
Upper Bollinger Band 26.4287
Lower Bollinger Band 25.2779
Percent B (%b) 0.07
BandWidth 4.451269
MACD Line -0.2786
MACD Signal Line -0.2604
MACD Histogram -0.0183
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.48
Resistance 3 (R3) 25.49 25.47 25.46
Resistance 2 (R2) 25.47 25.44 25.46 25.45
Resistance 1 (R1) 25.41 25.42 25.40 25.40 25.45
Pivot Point 25.39 25.39 25.38 25.38 25.39
Support 1 (S1) 25.34 25.36 25.32 25.32 25.28
Support 2 (S2) 25.31 25.34 25.30 25.27
Support 3 (S3) 25.26 25.31 25.26
Support 4 (S4) 25.25