


Technical Sentiment Analysis for Direxion Daily AVGO Bear 1X ETF (AVS). As of 2026-07-02, Direxion Daily AVGO Bear 1X ETF (AVS) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AVS stands at 58.97, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.14, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 78.34 and the Commodity Channel Index (CCI) at 137.42 further confirm a 0.61 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, AVS is trading below its 60-day moving average of $7.64 and below its 200-day long-term moving average of $9.11. Key price levels to watch include the immediate resistance at $8.4 and strong support at $7.29. A break above $8.4 could signal a bull continuation, while falling below $7.29 may test the next Fibonacci floor at $6.72.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 6.19 | 6.72 | 7.29 | 7.82 | 8.4 | 8.92 | 9.5 |
| Fibonacci | 6.72 | 7.14 | 7.4 | 7.82 | 8.24 | 8.5 | 8.92 |
2026-07-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 58.97 |
| Stochastic Oscillator | 78.34 |
| Stochastic RSI | 75.22 |
| Commodity Channel Index (CCI) | 137.42 |
| Awesome Oscillator | 0.5 |
| Momentum | 0.61 |
| MACD | 0.14 |
2026-07-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 8.06 | Buy |
| 10-Day | 7.87 | Buy |
| 20-Day | 7.82 | Buy |
| 60-Day | 7.64 | Buy |
| 200-Day | 9.11 | Sell |
| 250-Day | 9.67 | Sell |