DIREXION DLY S&P 500 BULL 3X (SPXL) Stock Technical Analysis
NYSEARCA:SPXL - NYSE Arca - US25459W8626 - ETF - Currency: USD
Taking everything into account, SPXL scores 6 out of 10 in our technical rating. In the past year, SPXL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
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.
In the last month SPXL has a been trading in the 119.19 - 157.19 range, which is quite wide. It is currently trading near the high of this range.
SPXL has an average volume of 6763810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SPXL turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
SPXL 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 SPXL is lagging the market slightly.
SPXL has an average technical rating and the quality of the presented setup is also not ideal 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
103.99
191.11
We found 2 important support areas.
- A support zone ranging from 142.66 to 144.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @105.04 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 153.52 to 156.69. 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 | NEUTRAL | NEUTRAL | The long term trend for SPXL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPXL is up. |
| ChartMill Relative Strength | 58.33 | NEUTRAL | SPXL is not amongst the best or worst performers 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 | MIXED | The current price of SPXL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.3 | NEUTRAL | The RSI value for SPXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests SPXL has a positive trend. |
| Stochastics (14,3) | 67.98 | NEUTRAL | The Stochastics value for SPXL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for SPXL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.08 | 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 (5/27/2025, 7:10:26 PM)
After market: 153.27 +0.25 (+0.16%)153.02
+8.87 (+6.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.15%
1 Week-2.34%
2 Weeks3.58%
1 Month21.62%
3 Month-10.45%
6 Month-17.15%
12 Month14.79%
2 Year101.79%
3 Year74.98%
5 Year277.55%
10 Year552.12%
15 YearN/A
Volatility
ATR(14)5.84
ATR(20)%3.88%
ATR Inc37.04%
Range Today5.18
ADR(20)4.92
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.33
Mansfield-0.53
10 Day High157.19
10 Day Low141.38
20 Day High157.19
20 Day Low119.19
52 Week High190.34
52 Week Low87.08
CS1 End144.14
CR1 Start153.52
Volume & EV
DER(3)1.34%
DER(5)-0.24%
Volume7.96M
Volume Incr2.78%
Vol(5)5.24M
Vol(50)6.76M