ERX

Technical Sentiment Analysis for Direxion Energy Bull 2X ETF (ERX). As of 2026-04-16, Direxion Energy Bull 2X ETF (ERX) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ERX stands at 42.69, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.78, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 8.86 and the Commodity Channel Index (CCI) at -109.47 further confirm a -7.79 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, ERX is trading above its 60-day moving average of $85.92 and above its 200-day long-term moving average of $64.54. Key price levels to watch include the immediate resistance at $100.95 and strong support at $82.45. A break above $100.95 could signal a bull continuation, while falling below $82.45 may test the next Fibonacci floor at $73.74.