


Technical Sentiment Analysis for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP). As of 2026-06-18, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 8 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DRIP stands at 65.81, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.18, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 92.12 and the Commodity Channel Index (CCI) at 210.26 further confirm a 1.04 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, DRIP is trading below its 60-day moving average of $4.6 and below its 200-day long-term moving average of $6.95. Key price levels to watch include the immediate resistance at $5.57 and strong support at $4.4. A break above $5.57 could signal a bull continuation, while falling below $4.4 may test the next Fibonacci floor at $3.84.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3.23 | 3.84 | 4.4 | 5.01 | 5.57 | 6.18 | 6.74 |
| Fibonacci | 3.84 | 4.29 | 4.56 | 5.01 | 5.46 | 5.73 | 6.18 |
2026-06-18
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 65.81 |
| Stochastic Oscillator | 92.12 |
| Stochastic RSI | 88.87 |
| Commodity Channel Index (CCI) | 210.26 |
| Awesome Oscillator | 0.55 |
| Momentum | 1.04 |
| MACD | 0.18 |
2026-06-18
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 5.19 | Buy |
| 10-Day | 4.96 | Buy |
| 20-Day | 4.8 | Buy |
| 60-Day | 4.6 | Buy |
| 200-Day | 6.95 | Sell |
| 250-Day | 7.45 | Sell |