Technical Analysis for SPXS - Direxion Daily S&P 500 Bear 3X

Grade Last Price % Change Price Change
B 10.10 -2.51% -0.26
SPXS closed down 2.51 percent on Monday, April 22, 2024, on 1.31 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
7 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
New Uptrend Bullish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Gapped Down Weakness 0.00%
Pocket Pivot Bullish Swing Setup -2.51%
Upper Bollinger Band Walk Strength -2.51%

   Recent Intraday Alerts

Alert Time
Down 3% about 13 hours ago
Fell Below Previous Day's Low about 13 hours ago
Down 1 ATR about 13 hours ago
60 Minute Opening Range Breakdown about 14 hours ago
Down 2 % about 14 hours ago

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the S&P 500® Index. The fund normally creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, 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.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Repurchase Agreement S&P 500 Index Forward Contract

Is SPXS 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 17.7922
52 Week Low 8.65
Average Volume 28,283,292
200-Day Moving Average 12.29
50-Day Moving Average 9.40
20-Day Moving Average 9.30
10-Day Moving Average 9.68
Average True Range 0.33
RSI (14) 63.10
ADX 25.4
+DI 30.81
-DI 13.33
Chandelier Exit (Long, 3 ATRs) 9.45
Chandelier Exit (Short, 3 ATRs) 9.65
Upper Bollinger Bands 10.34
Lower Bollinger Band 8.27
Percent B (%b) 0.89
BandWidth 22.22
MACD Line 0.22
MACD Signal Line 0.06
MACD Histogram 0.1589
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.76
Resistance 3 (R3) 10.77 10.57 10.65
Resistance 2 (R2) 10.57 10.40 10.56 10.61
Resistance 1 (R1) 10.33 10.29 10.23 10.32 10.58
Pivot Point 10.13 10.13 10.08 10.12 10.13
Support 1 (S1) 9.89 9.96 9.79 9.88 9.62
Support 2 (S2) 9.69 9.85 9.68 9.59
Support 3 (S3) 9.45 9.69 9.55
Support 4 (S4) 9.44