


Technical Sentiment Analysis for Direxion Daily S&P Biotech Bear 3X ETF (LABD). As of 2026-05-04, Direxion Daily S&P Biotech Bear 3X ETF (LABD) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 2 indicators are flashing buy, while 11 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for LABD stands at 43.12, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.66, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 61.4 and the Commodity Channel Index (CCI) at 14.29 further confirm a 1.19 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, LABD is trading below its 60-day moving average of $17.14 and below its 200-day long-term moving average of $30.68. Key price levels to watch include the immediate resistance at $16.02 and strong support at $12.6. A break above $16.02 could signal a bull continuation, while falling below $12.6 may test the next Fibonacci floor at $10.9.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 9.18 | 10.9 | 12.6 | 14.32 | 16.02 | 17.74 | 19.44 |
| Fibonacci | 10.9 | 12.2 | 13.01 | 14.32 | 15.62 | 16.43 | 17.74 |
2026-05-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 43.12 |
| Stochastic Oscillator | 61.4 |
| Stochastic RSI | 70.97 |
| Commodity Channel Index (CCI) | 14.29 |
| Awesome Oscillator | -1.13 |
| Momentum | 1.19 |
| MACD | -0.66 |
2026-05-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 14.9 | Sell |
| 10-Day | 14.29 | Sell |
| 20-Day | 14.25 | Sell |
| 60-Day | 17.14 | Sell |
| 200-Day | 30.68 | Sell |
| 250-Day | 40.07 | Sell |