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Direxion Daily S&P 500 Bull 3X Shares

SPXL Technical Analysis Summary (AMEX)

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

SPXLAMEX
Financial ServicesAsset Management
$262.42
$1.84(0.71%)
U.S. Market opens in 16h 46m

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

SPXL Technical Analysis Summary (AMEX)

Direxion Daily S&P 500 Bull 3X Shares (AMEX: SPXL) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.63)
Trend Strength:Weak (ADX: 17.99)
Volatility:Medium (ATR: 8.74)
Support/Resistance:$258.64 – $281.32 (Bollinger Bands)

Technical conditions suggest Direxion Daily S&P 500 Bull 3X Shares on the AMEX is awaiting a decisive move. Overall, Direxion Daily S&P 500 Bull 3X Shares remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 43.63

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.84

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.20

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.05

Bearish
Selling pressure outweighs buying.

Takeaway:Direxion Daily S&P 500 Bull 3X Shares shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.29

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.99

Weak
Weak trend, market trading sideways.

ATR (14): 8.74

Rising
Rising volatility, market activity increasing.

CCI (14): -108.86

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Direxion Daily S&P 500 Bull 3X Shares shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$281.32
Middle Band (SMA 20)
$269.98
Lower Band
$258.64
Current Position
Within Bands

Takeaway:Direxion Daily S&P 500 Bull 3X Shares trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$285.24
Middle Line (EMA 20)
$267.77
Lower Channel
$250.29
Squeeze Status
Squeeze On

Takeaway:Direxion Daily S&P 500 Bull 3X Shares trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.73M
Money Flow Index60.92Bullish, inflows support continued momentum.
Relative Vigor Index53.89Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SPXL shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily S&P 500 Bull 3X Shares (AMEX: SPXL), 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.

Overall Recommendation:Technical indicators for Direxion Daily S&P 500 Bull 3X Shares are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SPXL) Technical Analysis FAQ