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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.

SPUU●AMEX
Financial ServicesAsset Management - Leveraged
$222.01
$5.28(2.32%)
U.S. Market is Open · 11:55

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: 49.69)
Trend Strength:Weak (ADX: 12.07)
Volatility:Low (ATR: 3.50)
Support/Resistance:$216.93 – $230.15 (Bollinger Bands)

Technical conditions suggest Direxion Daily S&P 500 Bull 2X ETF on the AMEX is awaiting a decisive move. Overall, Direxion Daily S&P 500 Bull 2X ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.69

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 71.59

Bullish
Buying momentum building without extremes.

Williams %R: -40.25

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.25

Neutral
Price change is minimal.

Takeaway:Direxion Daily S&P 500 Bull 2X ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.70

Bullish
Bullish, trend momentum is strengthening.

ADX: 12.07

Weak
Weak trend, market trading sideways.

ATR (14): 3.50

Medium
Medium volatility, healthy price movement.

CCI (14): 27.36

Bullish
Bullish, momentum building upward.

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
$230.15
Middle Band (SMA 20)
$223.54
Lower Band
$216.93
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
$231.06
Middle Line (EMA 20)
$224.05
Lower Channel
$217.04
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 Volume451.00
Money Flow Index40.54Neutral, balanced money flows with no clear signal.
Relative Vigor Index36.15Bearish, 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

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: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