Meyka Pro banner
Direxion Daily S&P 500 Bear 1X ETF

SPDN Technical Analysis Summary (AMEX)

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

SPDN●AMEX
Financial ServicesAsset Management - Leveraged
$8.55
$0.11(1.27%)
U.S. Market opens in 3h 55m

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

SPDN Technical Analysis Summary (AMEX)

Direxion Daily S&P 500 Bear 1X ETF (AMEX: SPDN) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.34)
Trend Strength:Weak (ADX: 19.95)
Volatility:Low (ATR: 0.13)
Support/Resistance:$8.29 – $8.80 (Bollinger Bands)

Technical conditions suggest Direxion Daily S&P 500 Bear 1X ETF on the AMEX is awaiting a decisive move. Overall, Direxion Daily S&P 500 Bear 1X ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 50.34

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 45.76

Neutral
Mid-range signal with no clear trend.

Williams %R: -67.02

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.65

Neutral
Price change is minimal.

Takeaway:Direxion Daily S&P 500 Bear 1X ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.95

Weak
Weak trend, market trading sideways.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): -13.95

Neutral
Neutral, no strong directional signal.

Takeaway:Direxion Daily S&P 500 Bear 1X ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.80
Middle Band (SMA 20)
$8.55
Lower Band
$8.29
Current Position
Within Bands

Takeaway:Direxion Daily S&P 500 Bear 1X ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$8.82
Middle Line (EMA 20)
$8.57
Lower Channel
$8.32
Squeeze Status
No Squeeze

Takeaway:Direxion Daily S&P 500 Bear 1X ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume154.09M
Money Flow Index66.83Bullish, inflows support continued momentum.
Relative Vigor Index37.96Bearish, price momentum favors sellers.

Overall Takeaway:SPDN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily S&P 500 Bear 1X ETF (AMEX: SPDN), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Direxion Daily S&P 500 Bear 1X ETF shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(AMEX: SPDN) Technical Analysis FAQ