Technical Analysis for SPXL - Direxion Daily S&P 500 Bull 3X Shares

Grade Last Price % Change Price Change
grade B 69.36 2.68% 1.81
SPXL closed up 2.68 percent on Friday, December 4, 2020, on 49 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 EOD Signals

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

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Bollinger Band Squeeze Range Contraction 2.68%
BB Squeeze Started Range Contraction 2.68%
Overbought Stochastic Strength 2.68%
Slingshot Bullish Bullish Swing Setup 2.60%
Overbought Stochastic Strength 2.60%
Stochastic Sell Signal Bearish 3.23%
Gapped Up Strength 3.23%
Older End-of-Day Signals for SPXL ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Trending on StockTwits about 1 hour ago
Upper Bollinger Band Resistance about 16 hours ago
Up 2% about 19 hours ago
60 Minute Opening Range Breakout about 20 hours ago
Rose Above Upper Bollinger Band about 20 hours ago
View Earlier Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P 500® Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the S&P 500® Index ("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 Institutional Investors Leveraged ETF Ultra ETF Capitalization Weighted Index S&P 500 Index

Is SPXL 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 76.33
52 Week Low 16.51
Average Volume 7,562,291
200-Day Moving Average 46.76
50-Day Moving Average 58.25
20-Day Moving Average 64.06
10-Day Moving Average 65.83
Average True Range 2.39
ADX 20.44
+DI 36.66
-DI 20.42
Chandelier Exit (Long, 3 ATRs ) 62.18
Chandelier Exit (Short, 3 ATRs ) 61.28
Upper Bollinger Band 69.38
Lower Bollinger Band 58.73
Percent B (%b) 1.0
BandWidth 16.64
MACD Line 2.93
MACD Signal Line 2.61
MACD Histogram 0.3271
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 71.55
Resistance 3 (R3) 71.31 70.33 71.19
Resistance 2 (R2) 70.33 69.78 70.46 71.06
Resistance 1 (R1) 69.85 69.43 70.09 70.09 70.94
Pivot Point 68.87 68.87 69.00 69.00 68.87
Support 1 (S1) 68.39 68.32 68.63 68.63 67.78
Support 2 (S2) 67.41 67.97 67.54 67.66
Support 3 (S3) 66.93 67.41 67.54
Support 4 (S4) 67.17