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Direxion Daily S&P 500 Bull 2X ETF

SPUU Technical Analysis Summary (AMEX)

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

SPUUAMEX
Financial ServicesAsset Management - Leveraged
$209.64
$0.23(0.11%)
U.S. Market opens in 32h 4m

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

SPUU Technical Analysis Summary (AMEX)

Direxion Daily S&P 500 Bull 2X ETF (AMEX: SPUU) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.13)
Trend Strength:Weak (ADX: 17.43)
Volatility:Low (ATR: 4.15)
Support/Resistance:$207.74 – $221.27 (Bollinger Bands)

Technical conditions suggest Direxion Daily S&P 500 Bull 2X ETF on the AMEX is awaiting a decisive move. Technical conditions suggest Direxion Daily S&P 500 Bull 2X ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.13

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.76

Bearish
Momentum remains weak below midpoint.

Williams %R: -92.15

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.77

Bearish
Selling pressure outweighs buying.

Takeaway:Direxion Daily S&P 500 Bull 2X ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.28

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.43

Weak
Weak trend, market trading sideways.

ATR (14): 4.15

Medium
Medium volatility, healthy price movement.

CCI (14): -136.58

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Direxion Daily S&P 500 Bull 2X ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$221.27
Middle Band (SMA 20)
$214.50
Lower Band
$207.74
Current Position
Within Bands

Takeaway:Direxion Daily S&P 500 Bull 2X ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$222.16
Middle Line (EMA 20)
$213.86
Lower Channel
$205.56
Squeeze Status
Squeeze On

Takeaway:Direxion Daily S&P 500 Bull 2X ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume59.21K
Money Flow Index63.74Bullish, inflows support continued momentum.
Relative Vigor Index30.53Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily S&P 500 Bull 2X ETF (AMEX: SPUU), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Direxion Daily S&P 500 Bull 2X ETF are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SPUU) Technical Analysis FAQ