


Technical Sentiment Analysis for Direxion Daily S&P Biotech Bear 3X Shares (LABD). As of 2026-03-04, Direxion Daily S&P Biotech Bear 3X Shares (LABD) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 2 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for LABD stands at 47.12, which suggests a Neutral 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 57.75 and the Commodity Channel Index (CCI) at -21.46 further confirm a -0.46 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, LABD is trading below its 60-day moving average of $19.44 and below its 200-day long-term moving average of $42.85. Key price levels to watch include the immediate resistance at $19.92 and strong support at $16.07. A break above $19.92 could signal a bull continuation, while falling below $16.07 may test the next Fibonacci floor at $14.19.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 12.23 | 14.19 | 16.07 | 18.04 | 19.92 | 21.88 | 23.76 |
| Fibonacci | 14.19 | 15.66 | 16.57 | 18.04 | 19.5 | 20.41 | 21.88 |
2026-03-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 47.12 |
| Stochastic Oscillator | 57.75 |
| Stochastic RSI | 50.55 |
| Commodity Channel Index (CCI) | -21.46 |
| Awesome Oscillator | -0.1 |
| Momentum | -0.46 |
| MACD | -0.33 |
2026-03-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 18.13 | Sell |
| 10-Day | 17.95 | Buy |
| 20-Day | 18.53 | Sell |
| 60-Day | 19.44 | Sell |
| 200-Day | 42.85 | Sell |
| 250-Day | 52.6 | Sell |