EDC

Technical Sentiment Analysis for Direxion Emerging Markets Bull 3X ETF (EDC). As of 2026-05-22, Direxion Emerging Markets Bull 3X ETF (EDC) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 7 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EDC stands at 53.93, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.88, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 45.26 and the Commodity Channel Index (CCI) at 12.92 further confirm a -9.55 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, EDC is trading above its 60-day moving average of $70.37 and above its 200-day long-term moving average of $59.8. Key price levels to watch include the immediate resistance at $93.72 and strong support at $74.9. A break above $93.72 could signal a bull continuation, while falling below $74.9 may test the next Fibonacci floor at $65.36.