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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
$8.91
$0.13(1.48%)
U.S. Market opens in 16h 31m

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: 54.56)
Trend Strength:Weak (ADX: 15.47)
Volatility:Low (ATR: 0.10)
Support/Resistance:$8.56 – $8.83 (Bollinger Bands)

Technical conditions suggest Direxion Daily S&P 500 Bear 1X ETF on the AMEX is awaiting a decisive move. Technical conditions suggest Direxion Daily S&P 500 Bear 1X ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.56

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 82.00

Bearish
Overbought levels may trigger pullback.

Williams %R: -22.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.09

Bullish
Steady upward momentum.

Takeaway:Direxion Daily S&P 500 Bear 1X ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.47

Weak
Weak trend, market trading sideways.

ATR (14): 0.10

Low
Low volatility, stable price action.

CCI (14): 103.12

Bearish Risk
Bearish risk, overbought levels suggest caution.

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
$8.83
Middle Band (SMA 20)
$8.70
Lower Band
$8.56
Current Position
Above Upper Band

Takeaway:Direxion Daily S&P 500 Bear 1X ETF trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$8.92
Middle Line (EMA 20)
$8.73
Lower Channel
$8.54
Squeeze Status
Squeeze On

Takeaway:Direxion Daily S&P 500 Bear 1X ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume144.29M
Money Flow Index48.51Neutral, balanced money flows with no clear signal.
Relative Vigor Index34.91Bearish, 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.

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

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

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