DIREXION DLY S&P 500 BEAR 1X (SPDN)
US25460E8690 - ETF
Overall SPDN gets a technical rating of 0 out of 10. SPDN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
78% of all other stocks performed better in the past year than SPDN.
SPDN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
SPDN has an average volume of 6540500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SPDN has a been trading in a tight range between 10.71 and 11.22.
Volume is considerably higher in the last couple of days.
The technical rating of SPDN 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
10.59
13.79
When analyzing the support we notice one important area.
- A support zone ranging from 10.70 to 10.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 10.83 to 11.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.34 from a horizontal line in the daily time frame.
- Resistance @11.84 from a trend line in the daily time frame.
- Resistance @12.12 from a horizontal line in the weekly time frame.
- Resistance @13.65 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
CRS22.33
Mansfield-1.98
10 Day High11.22
10 Day Low10.71
20 Day High11.22
20 Day Low10.71
52 Week High13.57
52 Week Low10.71
Performance
1 Week-0.93%
2 Weeks-1.11%
1 Month-1.65%
3 Month-4.72%
6 Month-9.01%
12 Month-19.41%
2 Year-35.13%
3 Year-23.77%
5 Year-56.16%
10 YearN/A
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)0.01
RSI(14)40.92
LBB10.57
UBB11.13
DIREXION DLY S&P 500 BEAR 1X
NYSEARCA:SPDN (12/24/2024, 7:38:45 PM)
Premarket: 10.74 +0.03 (+0.28%)10.71
-0.11 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.06%
1 Week-0.93%
2 Weeks-1.11%
1 Month-1.65%
3 Month-4.72%
6 Month-9.01%
12 Month-19.41%
2 Year-35.13%
3 Year-23.77%
5 Year-56.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.97%
ATR Inc54.55%
Range Today0.11
ADR(20)0.09
ADR(20)%0.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.33
Mansfield-1.98
10 Day High11.22
10 Day Low10.71
20 Day High11.22
20 Day Low10.71
52 Week High13.57
52 Week Low10.71
CS1 End10.7
CR1 Start10.83
Volume & EV
DER(3)-3.35%
DER(5)-1.59%
Volume3.63M
Volume Incr68.3%
Vol(5)11.31M
Vol(50)6.54M