


Technical Sentiment Analysis for Direxion Daily S&P Biotech Bear 3X ETF (LABD). As of 2026-07-07, Direxion Daily S&P Biotech Bear 3X ETF (LABD) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 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 24.59, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -1.79, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 1.34 and the Commodity Channel Index (CCI) at -94.93 further confirm a -3.08 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, LABD is trading below its 60-day moving average of $12.84 and below its 200-day long-term moving average of $20.76. Key price levels to watch include the immediate resistance at $9.98 and strong support at $6.52. A break above $9.98 could signal a bull continuation, while falling below $6.52 may test the next Fibonacci floor at $4.95.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3.06 | 4.95 | 6.52 | 8.41 | 9.98 | 11.87 | 13.44 |
| Fibonacci | 4.95 | 6.27 | 7.09 | 8.41 | 9.73 | 10.55 | 11.87 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 24.59 |
| Stochastic Oscillator | 1.34 |
| Stochastic RSI | 2.71 |
| Commodity Channel Index (CCI) | -94.93 |
| Awesome Oscillator | -4.53 |
| Momentum | -3.08 |
| MACD | -1.79 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 7.46 | Sell |
| 10-Day | 8.08 | Sell |
| 20-Day | 10.47 | Sell |
| 60-Day | 12.84 | Sell |
| 200-Day | 20.76 | Sell |
| 250-Day | 28.42 | Sell |