


Technical Sentiment Analysis for Direxion Daily GOOGL Bear 1X ETF (GGLS). As of 2026-05-01, Direxion Daily GOOGL Bear 1X ETF (GGLS) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 6 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for GGLS stands at 19.38, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -0.33, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 5.21 and the Commodity Channel Index (CCI) at -197 further confirm a -0.75 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, GGLS is trading below its 60-day moving average of $6.72 and below its 200-day long-term moving average of $7.9. Key price levels to watch include the immediate resistance at $6.39 and strong support at $5.44. A break above $6.39 could signal a bull continuation, while falling below $5.44 may test the next Fibonacci floor at $4.93.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.49 | 4.93 | 5.44 | 5.88 | 6.39 | 6.83 | 7.34 |
| Fibonacci | 4.93 | 5.29 | 5.51 | 5.88 | 6.24 | 6.46 | 6.83 |
2026-05-01
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 19.38 |
| Stochastic Oscillator | 5.21 |
| Stochastic RSI | 7.11 |
| Commodity Channel Index (CCI) | -197 |
| Awesome Oscillator | -0.85 |
| Momentum | -0.75 |
| MACD | -0.33 |
2026-05-01
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 5.74 | Sell |
| 10-Day | 5.96 | Sell |
| 20-Day | 6.23 | Sell |
| 60-Day | 6.72 | Sell |
| 200-Day | 7.9 | Sell |
| 250-Day | 8.9 | Sell |