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Direxion Daily GOOGL Bear 1X ETF

GGLS Technical Analysis Summary (NASDAQ)

Analyze GGLS on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GGLS●NASDAQ
Financial ServicesAsset Management - Leveraged
$62.21
$1.36(2.14%)
U.S. Market opens in 3h 2m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GGLS Technical Analysis Summary (NASDAQ)

Direxion Daily GOOGL Bear 1X ETF (NASDAQ: GGLS) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 88.21)
Trend Strength:Very Strong (ADX: 54.32)
Volatility:Medium (ATR: 3.00)
Support/Resistance:$-18.33 – $88.69 (Bollinger Bands)

Technical conditions suggest Direxion Daily GOOGL Bear 1X ETF on the NASDAQ is awaiting a decisive move. This mix signals that Direxion Daily GOOGL Bear 1X ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 88.21

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 97.93

Bearish
Overbought levels may trigger pullback.

Williams %R: -4.07

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1012.75

Strongly Bullish
Strong upside momentum.

Takeaway:Direxion Daily GOOGL Bear 1X ETF shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 15.13

Bullish
Bullish, trend momentum is strengthening.

ADX: 54.32

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 3.00

Medium
Medium volatility, healthy price movement.

CCI (14): 52.77

Bullish
Bullish, momentum building upward.

Takeaway:Direxion Daily GOOGL Bear 1X ETF shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$88.69
Middle Band (SMA 20)
$35.18
Lower Band
$-18.33
Current Position
Within Bands

Takeaway:Direxion Daily GOOGL Bear 1X ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$47.95
Middle Line (EMA 20)
$41.96
Lower Channel
$35.96
Squeeze Status
No Squeeze

Takeaway:Direxion Daily GOOGL Bear 1X ETF trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume58.75M
Money Flow Index75.77Bullish, inflows support continued momentum.
Relative Vigor Index67.31Bullish, price momentum strongly favors buyers.

Overall Takeaway:GGLS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily GOOGL Bear 1X ETF (NASDAQ: GGLS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Direxion Daily GOOGL Bear 1X ETF are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: GGLS) Technical Analysis FAQ