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 0 out of 10. SPXL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
73% of all other stocks performed better in the past year than SPXL.
SPXL has an average volume of 6450500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SPXL is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SPXL has a been trading in the 87.08 - 146.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPXL has a bad technical rating, but it does show 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 125.63. Right above this resistance zone may be a good entry point.
More info and screens
101.80
191.11
When analyzing the support we can see 2 important areas.
- Support @106.08 from a trend line in the daily time frame.
- Support @102.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 125.63 to 125.63. 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.82
Mansfield-1.66
10 Day High125.91
10 Day Low99.31
20 Day High146.52
20 Day Low87.08
52 Week High190.34
52 Week Low87.08
Performance
1 Week13.54%
2 Weeks14.11%
1 Month-14.43%
3 Month-32.46%
6 Month-24.57%
12 Month3.7%
2 Year65.57%
3 Year40.61%
5 Year251.39%
10 Year453.64%
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)2.58
RSI(14)50.1
LBB96.05
UBB129.87
125.62
+2.61 (+2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.12%
1 Week13.54%
2 Weeks14.11%
1 Month-14.43%
3 Month-32.46%
6 Month-24.57%
12 Month3.7%
2 Year65.57%
3 Year40.61%
5 Year251.39%
10 Year453.64%
15 YearN/A
Volatility
ATR(14)12.99
ATR(20)%10.43%
ATR Inc-58.48%
Range Today4.95
ADR(20)11.06
ADR(20)%8.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.82
Mansfield-1.66
10 Day High125.91
10 Day Low99.31
20 Day High146.52
20 Day Low87.08
52 Week High190.34
52 Week Low87.08
CS1 End106.08
CR1 Start125.63
Volume & EV
DER(3)2.06%
DER(5)0.57%
Volume5.05M
Volume Incr-28.78%
Vol(5)6.36M
Vol(50)6.45M