DIREXION DLY S&P 500 BEAR 1X (SPDN) Stock Technical Analysis
USA - NYSEARCA:SPDN - US25460E8690 - ETF
We assign a technical rating of 0 out of 10 to SPDN. SPDN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SPDN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.26
We found 1 important support area.
- A support zone ranging from 9.35 to 9.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.52 to 9.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @10.12 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.31 to 10.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for SPDN is down. |
| ChartMill Relative Strength | 14.37 | NEGATIVE | SPDN has a low relative strength, it was outperformed by 85.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPDN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPDN is below 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) | 32.51 | NEUTRAL | The RSI value for SPDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SPDN has a negative trend. |
| Stochastics (14,3) | 3.27 | OVERSOLD | The low Stochastics value suggests SPDN may be oversold. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for SPDN suggests low volalility. |
| Average Directional Index/ADX (14) | 19.18 | NEGATIVE | The low ADX value for SPDN suggests a weak or negative trend. |
NYSEARCA:SPDN (10/29/2025, 1:34:01 PM)
9.36
0 (0%)
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 0 / 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 32.5145. 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 negative.
What is the support and resistance level for SPDN stock?
DIREXION DLY S&P 500 BEAR 1X (SPDN) has a support level at 9.35 and a resistance level at 9.52. Check the full technical report for our detailed analysis of SPDN support and resistance levels.