


Technical Sentiment Analysis for Direxion Daily S&P 500 Bear 1X ETF (SPDN). As of 2026-04-16, Direxion Daily S&P 500 Bear 1X ETF (SPDN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 5 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SPDN stands at 30.95, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.1, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 1.76 and the Commodity Channel Index (CCI) at -148.41 further confirm a -0.62 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SPDN is trading below its 60-day moving average of $9.57 and below its 200-day long-term moving average of $9.69. Key price levels to watch include the immediate resistance at $9.97 and strong support at $9.16. A break above $9.97 could signal a bull continuation, while falling below $9.16 may test the next Fibonacci floor at $8.78.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 8.35 | 8.78 | 9.16 | 9.59 | 9.97 | 10.41 | 10.79 |
| Fibonacci | 8.78 | 9.09 | 9.28 | 9.59 | 9.91 | 10.1 | 10.41 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 30.95 |
| Stochastic Oscillator | 1.76 |
| Stochastic RSI | 1.59 |
| Commodity Channel Index (CCI) | -148.41 |
| Awesome Oscillator | -0.33 |
| Momentum | -0.62 |
| MACD | -0.1 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 9.36 | Sell |
| 10-Day | 9.54 | Sell |
| 20-Day | 9.76 | Sell |
| 60-Day | 9.57 | Sell |
| 200-Day | 9.69 | Sell |
| 250-Day | 9.96 | Sell |