DIREXION DLY S&P 500 BULL 3X (SPXL) Stock Technical Analysis
NYSEARCA:SPXL - NYSE Arca - US25459W8626 - ETF - Currency: USD
Overall SPXL gets a technical rating of 7 out of 10. SPXL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
SPXL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SPXL is lagging the market slightly.
In the last month SPXL has a been trading in the 146.70 - 165.49 range, which is quite wide. It is currently trading near the high of this range.
SPXL has an average volume of 5166890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SPXL is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although SPXL has an excellent technical rating, it 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
105.74
191.11
2 important support areas can be observed.
- A support zone ranging from 155.06 to 159.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @106.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 164.48 to 164.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @189.22 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for SPXL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPXL is up. |
| ChartMill Relative Strength | 79.59 | POSITIVE | SPXL has a high relative strength, it outperformed 79.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPXL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPXL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPXL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.89 | NEUTRAL | The RSI value for SPXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests SPXL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.09 | NEUTRAL | The Stochastics value for SPXL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for SPXL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.2 | NEGATIVE | The low ADX value for SPXL 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:SPXL (6/24/2025, 8:04:00 PM)
After market: 164.75 +0.28 (+0.17%)164.47
+4.5 (+2.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.81%
1 Week2.14%
2 Weeks3.45%
1 Month14.1%
3 Month19.24%
6 Month-7.02%
12 Month12.6%
2 Year82.79%
3 Year150.76%
5 Year293.38%
10 Year647.85%
15 YearN/A
Volatility
ATR(14)4.74
ATR(20)%3.08%
ATR Inc35.38%
Range Today3.5
ADR(20)4.39
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.59
Mansfield-0.08
10 Day High165.49
10 Day Low153.46
20 Day High165.49
20 Day Low146.7
52 Week High190.34
52 Week Low87.08
CS1 End159.46
CR1 Start164.48
Volume & EV
DER(3)0.87%
DER(5)1.03%
Volume7.87M
Volume Incr9.69%
Vol(5)4.96M
Vol(50)5.17M