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

Grade Last Price % Change Price Change
grade B 56.92 1.61% 0.90
SPXL closed down 0.6 percent on Wednesday, October 21, 2020, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.61%
NR7 Range Contraction 1.61%
Inside Day Range Contraction 0.99%
Down 3 Days in a Row Weakness 2.04%
Down 4 Days in a Row Weakness 2.04%
Down 5 Days in a Row Weakness 2.04%
Multiple of Ten Bearish Other -2.55%
Wide Bands Range Expansion -2.55%
Down 3 Days in a Row Weakness -2.55%
Down 4 Days in a Row Weakness -2.55%
Older End-of-Day Gignals for SPXL ...

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

Alert Time
60 Minute Opening Range Breakout 44 minutes ago
50 DMA Support about 3 hours ago
Fell Below 20 DMA about 3 hours ago
20 DMA Support about 3 hours ago
Down 1% about 3 hours ago
View Earlier Intraday Alerts

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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 7,744,834
200-Day Moving Average 48.38
50-Day Moving Average 55.13
20-Day Moving Average 55.11
10-Day Moving Average 57.98
Average True Range 2.60
ADX 15.2
+DI 25.75
-DI 24.94
Chandelier Exit (Long, 3 ATRs ) 54.07
Chandelier Exit (Short, 3 ATRs ) 53.72
Upper Bollinger Band 62.02
Lower Bollinger Band 48.19
Percent B (%b) 0.57
BandWidth 25.08
MACD Line 1.10
MACD Signal Line 1.08
MACD Histogram 0.0174
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 58.41
Resistance 3 (R3) 58.64 58.07 58.01
Resistance 2 (R2) 58.07 57.47 57.96 57.87
Resistance 1 (R1) 57.05 57.09 56.77 56.82 57.74
Pivot Point 56.48 56.48 56.34 56.37 56.48
Support 1 (S1) 55.46 55.88 55.18 55.23 54.30
Support 2 (S2) 54.89 55.50 54.78 54.17
Support 3 (S3) 53.87 54.89 54.03
Support 4 (S4) 53.64