


Technical Sentiment Analysis for Direxion Daily S&P Biotech Bear 3X ETF (LABD). As of 2026-05-22, Direxion Daily S&P Biotech Bear 3X ETF (LABD) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for LABD stands at 48.43, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.17, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 38.97 and the Commodity Channel Index (CCI) at -22.71 further confirm a 0.77 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, LABD is trading below its 60-day moving average of $16.13 and below its 200-day long-term moving average of $27.15. Key price levels to watch include the immediate resistance at $16.53 and strong support at $12.31. A break above $16.53 could signal a bull continuation, while falling below $12.31 may test the next Fibonacci floor at $10.31.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 8.08 | 10.31 | 12.31 | 14.54 | 16.53 | 18.76 | 20.76 |
| Fibonacci | 10.31 | 11.92 | 12.92 | 14.54 | 16.15 | 17.15 | 18.76 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 48.43 |
| Stochastic Oscillator | 38.97 |
| Stochastic RSI | 55.02 |
| Commodity Channel Index (CCI) | -22.71 |
| Awesome Oscillator | 0.77 |
| Momentum | 0.77 |
| MACD | -0.17 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 14.9 | Sell |
| 10-Day | 14.3 | Sell |
| 20-Day | 14.29 | Sell |
| 60-Day | 16.13 | Sell |
| 200-Day | 27.15 | Sell |
| 250-Day | 35.82 | Sell |