Is Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares stock a buy or sell right now?

Based on current indicators, Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares’s RSI?

RSI is 66.80, showing balanced momentum within the normal range.

What does MACD indicate for GUSH?

MACD at 1.68 signals bullish momentum with buyers in control.

What are Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares’s key support and resistance levels?

Support sits around $23.74, while resistance is near $31.72.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

GUSH•AMEX

Financial Services

Asset Management - Leveraged

$29.93

$-0.95(-3.09%)

U.S. Market is Open • 12:29

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (AMEX:GUSH).

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

GUSH Technical Analysis Summary

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Bullish (RSI: 66.80)

Trend Strength:Strong (ADX: 35.66)

Volatility:Medium (ATR: 1.46)

Support/Resistance:$23.74 – $31.72 (Bollinger Bands)

Technical conditions suggest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 66.80

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 93.80

Bearish

Overbought levels may trigger pullback.

Williams %R: -3.33

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 16.05

Strongly Bullish

Strong upside momentum.

Takeaway:Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.68

Bullish

Bullish, trend momentum is strengthening.

ADX: 35.66

Strong

Strong trend, momentum well established.

ATR (14): 1.46

Low

Low volatility, stable price action.

CCI (14): 136.31

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$31.72

Middle Band (SMA 20)

$27.73

Lower Band

$23.74

Current Position

Within Bands

Takeaway:Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$30.88

Middle Line (EMA 20)

$27.96

Lower Channel

$25.04

Squeeze Status

No Squeeze

Takeaway:Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume9.02M

Money Flow Index67.88Bullish, inflows support continued momentum.

Relative Vigor Index69.24Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary

Based on the current technical analysis of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares, 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 S&P Oil & Gas Exp. & Prod. Bull 2X Shares are mixed, suggesting a Hold or wait-and-see approach.