


Technical Sentiment Analysis for Direxion Daily AVGO Bear 1X ETF (AVS). As of 2026-05-20, Direxion Daily AVGO Bear 1X ETF (AVS) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 2 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AVS stands at 42.84, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.3, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 59.3 and the Commodity Channel Index (CCI) at -14.35 further confirm a 0.08 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, AVS is trading below its 60-day moving average of $8.8 and below its 200-day long-term moving average of $9.67. Key price levels to watch include the immediate resistance at $7.71 and strong support at $7.05. A break above $7.71 could signal a bull continuation, while falling below $7.05 may test the next Fibonacci floor at $6.71.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 6.39 | 6.71 | 7.05 | 7.37 | 7.71 | 8.04 | 8.37 |
| Fibonacci | 6.71 | 6.97 | 7.12 | 7.37 | 7.63 | 7.78 | 8.04 |
2026-05-20
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 42.84 |
| Stochastic Oscillator | 59.3 |
| Stochastic RSI | 44.65 |
| Commodity Channel Index (CCI) | -14.35 |
| Awesome Oscillator | -0.54 |
| Momentum | 0.08 |
| MACD | -0.3 |
2026-05-20
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 7.36 | Buy |
| 10-Day | 7.39 | Sell |
| 20-Day | 7.45 | Sell |
| 60-Day | 8.8 | Sell |
| 200-Day | 9.67 | Sell |
| 250-Day | 10.45 | Sell |