DIREXION DLY S&P 500 BULL 2X (SPUU) Stock Technical Analysis
NYSEARCA:SPUU - NYSE Arca - US25459Y1652 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to SPUU. SPUU has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SPUU is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, SPUU outperforms 55% of them, which is more or less in line with the market.
SPUU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPUU is lagging the market slightly.
SPUU has an average technical rating and it also does not offer a high quality setup 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
108.88
160.84
2 important support areas can be observed.
- A support zone ranging from 137.94 to 137.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 109.98 to 110.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 144.65 to 145.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 159.25 to 159.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for SPUU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPUU is up. |
| ChartMill Relative Strength | 55.44 | NEUTRAL | SPUU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPUU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPUU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SPUU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.26 | NEUTRAL | The RSI value for SPUU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests SPUU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.87 | NEUTRAL | The Stochastics value for SPUU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for SPUU suggests some volalility. |
| Average Directional Index/ADX (14) | 19.02 | NEGATIVE | The low ADX value for SPUU suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:SPUU (5/23/2025, 8:56:53 PM)
137.95
-1.68 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.2%
1 Week-5.17%
2 Weeks5%
1 Month9.98%
3 Month-10.13%
6 Month-9.89%
12 Month10.6%
2 Year67.37%
3 Year60.84%
5 Year156.46%
10 Year273.44%
15 YearN/A
Volatility
ATR(14)3.32
ATR(20)%2.5%
ATR Inc-23.41%
Range Today2.76
ADR(20)2.84
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.44
Mansfield-0.29
10 Day High145.92
10 Day Low136.3
20 Day High145.92
20 Day Low122.49
52 Week High160.38
52 Week Low97.44
CS1 End137.94
CR1 Start144.65
Volume & EV
DER(3)5.42%
DER(5)4.89%
Volume33.40K
Volume Incr-49.8%
Vol(5)28.90K
Vol(50)62.90K