DIREXION DLY S&P 500 BULL 3X (SPXL) Stock Technical Analysis
USA - NYSEARCA:SPXL - US25459W8626 - ETF
We assign a technical rating of 9 out of 10 to SPXL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPXL is showing a nice and steady performance.
Besides having an excellent technical rating, SPXL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 216.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 213.85, a Stop Loss order could be placed below this zone.
More info and screens
183.38
We found 2 important support areas.
- A support zone ranging from 205.80 to 213.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @185.23 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 216.26 to 218.12. 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 | 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 | 83.46 | POSITIVE | SPXL has a high relative strength, it outperformed 83.46% 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) | 64.5 | NEUTRAL | The RSI value for SPXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SPXL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.36 | OVERBOUGHT | The high Stochastics value suggests SPXL may be overbought. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for SPXL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.64 | POSITIVE | The high ADX value value for SPXL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 218.13 | 204.39 | 13.74 (6.30%) | 15.87% |
| An entry @218.13. This is a Buy Stop order right above the resistance zone. | An exit @204.39. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 13.74 points, which is 6.30%. | For a 1.00% total portfolio risk, you can invest 15.87% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:SPXL (10/9/2025, 9:41:41 PM)
After market: 216.98 +0.73 (+0.34%)216.25
-1.86 (-0.85%)