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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
$8.40
$0.02(0.18%)
U.S. Market is Open · 11:39

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 Bearish (RSI: 41.34)
Trend Strength:Weak (ADX: 13.16)
Volatility:Low (ATR: 0.08)
Support/Resistance:$8.36 – $8.71 (Bollinger Bands)

Technical conditions suggest Direxion Daily S&P 500 Bear 1X ETF on the AMEX is awaiting a decisive move. This mix signals that Direxion Daily S&P 500 Bear 1X ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 41.34

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.68

Bullish
Oversold zone signals rebound potential.

Williams %R: -79.76

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 weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.16

Weak
Weak trend, market trading sideways.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): -94.38

Bearish
Bearish, momentum remains under pressure.

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
$8.71
Middle Band (SMA 20)
$8.54
Lower Band
$8.36
Current Position
Within Bands

Takeaway:Direxion Daily S&P 500 Bear 1X ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$8.69
Middle Line (EMA 20)
$8.52
Lower Channel
$8.36
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 Volume272.52M
Money Flow Index80.72Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index39.77Bearish, 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

No significant bullish signals detected.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Direxion Daily S&P 500 Bear 1X ETF are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SPDN) Technical Analysis FAQ