LABD

Technical Sentiment Analysis for Direxion Daily S&P Biotech Bear 3X ETF (LABD). As of 2026-03-24, Direxion Daily S&P Biotech Bear 3X ETF (LABD) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 7 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for LABD stands at 58.46, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.44, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 83.6 and the Commodity Channel Index (CCI) at 156.06 further confirm a 3.37 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, LABD is trading below its 60-day moving average of $19.03 and below its 200-day long-term moving average of $38.39. Key price levels to watch include the immediate resistance at $21.65 and strong support at $17.54. A break above $21.65 could signal a bull continuation, while falling below $17.54 may test the next Fibonacci floor at $15.42.