Taking everything into account, SPDN scores 2 out of 10 in our technical rating. In the past year, SPDN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, SPDN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.76, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.26
We found 1 important support area.
- A support zone ranging from 9.35 to 9.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.82 to 9.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.12 from a horizontal line in the daily time frame.
- Resistance @12.92 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SPDN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPDN is up. |
| ChartMill Relative Strength | 33.82 | NEUTRAL | SPDN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPDN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPDN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPDN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.2 | NEUTRAL | The RSI value for SPDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SPDN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.13 | OVERBOUGHT | The high Stochastics value suggests SPDN may be overbought. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for SPDN suggests low volalility. |
| Average Directional Index/ADX (14) | 17.44 | NEGATIVE | The low ADX value for SPDN suggests a weak or negative trend. |
NYSEARCA:SPDN (11/21/2025, 8:04:00 PM)
After market: 9.8434 +0.03 (+0.34%)9.81
-0.08 (-0.81%)
DIREXION DLY S&P 500 BEAR 1X / SPDN FAQ
What is the ChartMill technical rating of DIREXION DLY S&P 500 BEAR 1X (SPDN) stock?
ChartMill assigns a technical rating of 2 / 10 to SPDN.
What is the current trend direction of DIREXION DLY S&P 500 BEAR 1X (SPDN) stock?
The current trend direction for DIREXION DLY S&P 500 BEAR 1X (SPDN) is Bearish.
Can you provide the RSI signal for DIREXION DLY S&P 500 BEAR 1X?
DIREXION DLY S&P 500 BEAR 1X (SPDN) has an RSI value of 60.199. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIREXION DLY S&P 500 BEAR 1X?
The short term momentum for DIREXION DLY S&P 500 BEAR 1X (SPDN) is positive.
What is the support and resistance level for SPDN stock?
DIREXION DLY S&P 500 BEAR 1X (SPDN) has a support level at 9.76 and a resistance level at 9.82. Check the full technical report for our detailed analysis of SPDN support and resistance levels.