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

Grade Last Price % Change Price Change
grade F 28.39 1.98% 0.55
SPDN closed up 1.98 percent on Friday, March 22, 2019, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Flat
See historical SPDN trend table...

Date Alert Name Type % Chg
Mar 22 Slingshot Bearish Bearish Swing Setup 0.00%
Mar 22 Lower Bollinger Band Walk Weakness 0.00%
Mar 22 Oversold Stochastic Weakness 0.00%
Mar 21 Death Cross Bearish 1.98%
Mar 21 Expansion Breakdown Bearish Swing Setup 1.98%
Mar 21 Lower Bollinger Band Walk Weakness 1.98%
Mar 21 Below Lower BB Weakness 1.98%
Mar 21 Lower Bollinger Band Touch Weakness 1.98%
Mar 21 Oversold Stochastic Weakness 1.98%
Mar 20 Slingshot Bearish Bearish Swing Setup 0.82%

Older signals for SPDN ...

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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, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 34.21
52 Week Low 27.5
Average Volume 18,818
200-Day Moving Average 29.2677
50-Day Moving Average 29.2235
20-Day Moving Average 28.5221
10-Day Moving Average 28.3238
Average True Range 0.2759
ADX 21.19
+DI 23.9727
-DI 37.4272
Chandelier Exit (Long, 3 ATRs ) 28.5223
Chandelier Exit (Short, 3 ATRs ) 28.6677
Upper Bollinger Band 29.1275
Lower Bollinger Band 27.9167
Percent B (%b) 0.39
BandWidth 4.245129
MACD Line -0.3038
MACD Signal Line -0.3024
MACD Histogram -0.0014
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.05
Resistance 3 (R3) 28.98 28.68 28.94
Resistance 2 (R2) 28.68 28.52 28.72 28.90
Resistance 1 (R1) 28.54 28.41 28.61 28.61 28.87
Pivot Point 28.24 28.24 28.28 28.28 28.24
Support 1 (S1) 28.10 28.08 28.17 28.17 27.91
Support 2 (S2) 27.80 27.97 27.84 27.88
Support 3 (S3) 27.66 27.80 27.84
Support 4 (S4) 27.73