Technical Analysis for SPUU - Direxion Daily S&P 500 Bull 2X Shares

Grade Last Price % Change Price Change
grade B 62.64 0.59% 0.37
SPUU closed up 0.59 percent on Tuesday, August 4, 2020, on 25 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical SPUU trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
MACD Bullish Signal Line Cross Bullish 0.59%
Narrow Range Bar Range Contraction 0.59%
NR7 Range Contraction 0.59%
Gapped Up Strength 0.59%
Overbought Stochastic Strength 0.59%
Doji - Bearish? Reversal 2.27%
Stochastic Reached Overbought Strength 2.27%

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Profile

The investment seeks daily investment results, before fees and expenses, of 200% of the performance of the S&P 500® Index. The fund normally creates long positions by investing at least 80% of its net assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a capitalization-weighted index composed of 500 domestic common stocks. The fund is non-diversified.
Exchange Traded Fund ETF Index Fund Leveraged ETF Ultra ETF S&P 500 Index

Is SPUU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 73.22
52 Week Low 28.74
Average Volume 33,849
200-Day Moving Average 57.22
50-Day Moving Average 57.20
20-Day Moving Average 59.86
10-Day Moving Average 60.80
Average True Range 1.56
ADX 15.84
+DI 32.92
-DI 19.36
Chandelier Exit (Long, 3 ATRs ) 57.97
Chandelier Exit (Short, 3 ATRs ) 60.46
Upper Bollinger Band 62.92
Lower Bollinger Band 56.79
Percent B (%b) 0.95
BandWidth 10.24
MACD Line 1.52
MACD Signal Line 1.44
MACD Histogram 0.0812
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 63.65
Resistance 3 (R3) 63.53 63.09 63.48
Resistance 2 (R2) 63.09 62.83 63.14 63.42
Resistance 1 (R1) 62.86 62.67 62.98 62.98 63.37
Pivot Point 62.42 62.42 62.47 62.47 62.42
Support 1 (S1) 62.19 62.16 62.31 62.31 61.91
Support 2 (S2) 61.75 62.00 61.80 61.86
Support 3 (S3) 61.52 61.75 61.80
Support 4 (S4) 61.64