Technical Analysis for SPDN - Direxion Daily S&P 500 Bear 1X Shares
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 11.56 | -0.60% | -0.07 |
SPDN closed down 0.6 percent on Friday, July 5, 2024, on 50 percent of normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| MACD Bearish Signal Line Cross | Bearish | 0.00% | |
| New 52 Week Closing Low | Bearish | 0.00% | |
| New 52 Week Low | Weakness | 0.00% | |
| Below Lower BB | Weakness | 0.00% | |
| Down 3 Days in a Row | Weakness | 0.00% | |
| Down 4 Days in a Row | Weakness | 0.00% | |
| Lower Bollinger Band Touch | Weakness | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| New 52 Week Closing Low | Bearish | -0.60% | |
| New 52 Week Low | Weakness | -0.60% |
| Alert | Time |
|---|---|
| Fell Below Lower Bollinger Band | about 23 hours ago |
| Fell Below Previous Day's Low | about 23 hours ago |
| New 52 Week Low | about 23 hours ago |
| Lower Bollinger Band Support | about 23 hours ago |
| Fell Below Previous Day's Low | 3 days ago |
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The Direxion Daily S&P 500 Bear 1x Shares seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the S&P 500 Index. There is no guarantee the funds will meet their stated investment objectives.
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Inverse Exchange Traded Fund S&P 500 Index CBOE Inverse ETF Bear Market ETF S&P 500 Index Direxion
Classification
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Inverse Exchange Traded Fund S&P 500 Index CBOE Inverse ETF Bear Market ETF S&P 500 Index Direxion
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 14.9556 |
| 52 Week Low | 11.56 |
| Average Volume | 2,644,232 |
| 200-Day Moving Average | 12.85 |
| 50-Day Moving Average | 12.03 |
| 20-Day Moving Average | 11.77 |
| 10-Day Moving Average | 11.71 |
| Average True Range | 0.09 |
| RSI (14) | 28.06 |
| ADX | 31.43 |
| +DI | 9.77 |
| -DI | 33.78 |
| Chandelier Exit (Long, 3 ATRs) | 11.87 |
| Chandelier Exit (Short, 3 ATRs) | 11.84 |
| Upper Bollinger Bands | 11.97 |
| Lower Bollinger Band | 11.56 |
| Percent B (%b) | 0.0 |
| BandWidth | 3.47 |
| MACD Line | -0.11 |
| MACD Signal Line | -0.10 |
| MACD Histogram | -0.003 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 11.68 | ||||
| Resistance 3 (R3) | 11.70 | 11.67 | 11.66 | ||
| Resistance 2 (R2) | 11.67 | 11.64 | 11.66 | 11.65 | |
| Resistance 1 (R1) | 11.61 | 11.62 | 11.60 | 11.60 | 11.65 |
| Pivot Point | 11.59 | 11.59 | 11.58 | 11.58 | 11.59 |
| Support 1 (S1) | 11.53 | 11.56 | 11.52 | 11.52 | 11.47 |
| Support 2 (S2) | 11.51 | 11.54 | 11.50 | 11.47 | |
| Support 3 (S3) | 11.45 | 11.51 | 11.46 | ||
| Support 4 (S4) | 11.44 |
