


Technical Sentiment Analysis for Direxion Daily GOOGL Bear 1X ETF (GGLS). As of 2026-04-16, 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 29.36, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -0.18, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 1.29 and the Commodity Channel Index (CCI) at -142.17 further confirm a -0.84 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, GGLS is trading below its 60-day moving average of $6.79 and below its 200-day long-term moving average of $8.24. Key price levels to watch include the immediate resistance at $7.17 and strong support at $6.09. A break above $7.17 could signal a bull continuation, while falling below $6.09 may test the next Fibonacci floor at $5.58.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 5.01 | 5.58 | 6.09 | 6.66 | 7.17 | 7.74 | 8.25 |
| Fibonacci | 5.58 | 6 | 6.25 | 6.66 | 7.08 | 7.33 | 7.74 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 29.36 |
| Stochastic Oscillator | 1.29 |
| Stochastic RSI | 2.04 |
| Commodity Channel Index (CCI) | -142.17 |
| Awesome Oscillator | -0.56 |
| Momentum | -0.84 |
| MACD | -0.18 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 6.36 | Sell |
| 10-Day | 6.59 | Sell |
| 20-Day | 6.93 | Sell |
| 60-Day | 6.79 | Sell |
| 200-Day | 8.24 | Sell |
| 250-Day | 9.26 | Sell |