DIREXION DLY S&P 500 BEAR 3X (SPXS) Stock Technical Analysis
NYSEARCA:SPXS - NYSE Arca - US25460E2651 - ETF - Currency: USD
Overall SPXS gets a technical rating of 1 out of 10. SPXS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
74% of all other stocks performed better in the past year than SPXS.
SPXS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SPXS has a been trading in the 6.08 - 10.67 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SPXS has an average volume of 93322600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of SPXS is bad and it also does not present a 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
5.48
9.35
2 important support areas can be observed.
- A support zone ranging from 5.71 to 5.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.54 to 5.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.48 to 6.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @8.88 from a trend line in the weekly time frame.
- Resistance @9.26 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26
Mansfield-1.32
10 Day High8.51
10 Day Low6.08
20 Day High10.67
20 Day Low6.08
52 Week High10.67
52 Week Low5.55
Performance
1 Week-8.08%
2 Weeks-20.57%
1 Month-22.47%
3 Month5.32%
6 Month-9.97%
12 Month-35.1%
2 Year-63.65%
3 Year-71.34%
5 Year-92.88%
10 Year-99.32%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.19
RSI(14)38.69
LBB5.89
UBB8.24
6.14
-0.28 (-4.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.36%
1 Week-8.08%
2 Weeks-20.57%
1 Month-22.47%
3 Month5.32%
6 Month-9.97%
12 Month-35.1%
2 Year-63.65%
3 Year-71.34%
5 Year-92.88%
10 Year-99.32%
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%14.26%
ATR Inc-38.97%
Range Today0.21
ADR(20)0.78
ADR(20)%12.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26
Mansfield-1.32
10 Day High8.51
10 Day Low6.08
20 Day High10.67
20 Day Low6.08
52 Week High10.67
52 Week Low5.55
CS1 End5.71
CR1 Start6.48
Volume & EV
DER(3)0.34%
DER(5)0.14%
Volume81.27M
Volume Incr-17.11%
Vol(5)82.48M
Vol(50)93.32M