


Technical Sentiment Analysis for Direxion Daily S&P Biotech Bull 3X ETF (LABU). As of 2026-05-06, Direxion Daily S&P Biotech Bull 3X ETF (LABU) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 10 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for LABU stands at 60.63, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 4.24, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 58.58 and the Commodity Channel Index (CCI) at 60.43 further confirm a -0.96 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, LABU is trading above its 60-day moving average of $170.67 and above its 200-day long-term moving average of $135.43. Key price levels to watch include the immediate resistance at $206.29 and strong support at $162.18. A break above $206.29 could signal a bull continuation, while falling below $162.18 may test the next Fibonacci floor at $140.73.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 118.06 | 140.73 | 162.18 | 184.85 | 206.29 | 228.96 | 250.41 |
| Fibonacci | 140.73 | 157.58 | 167.99 | 184.85 | 201.7 | 212.11 | 228.96 |
2026-05-06
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 60.63 |
| Stochastic Oscillator | 58.58 |
| Stochastic RSI | 43.02 |
| Commodity Channel Index (CCI) | 60.43 |
| Awesome Oscillator | 6.45 |
| Momentum | -0.96 |
| MACD | 4.24 |
2026-05-06
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 185.51 | Buy |
| 10-Day | 183.62 | Buy |
| 20-Day | 189.55 | Sell |
| 60-Day | 170.67 | Buy |
| 200-Day | 135.43 | Buy |
| 250-Day | 119.74 | Buy |