


Technical Sentiment Analysis for Direxion Daily S&P 500 Bear 1X ETF (SPDN). As of 2026-05-08, 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 27.04, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -0.18, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 7.28 and the Commodity Channel Index (CCI) at -164.24 further confirm a -0.27 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SPDN is trading below its 60-day moving average of $9.49 and below its 200-day long-term moving average of $9.6. Key price levels to watch include the immediate resistance at $9.17 and strong support at $8.81. A break above $9.17 could signal a bull continuation, while falling below $8.81 may test the next Fibonacci floor at $8.62.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 8.45 | 8.62 | 8.81 | 8.98 | 9.17 | 9.34 | 9.53 |
| Fibonacci | 8.62 | 8.76 | 8.85 | 8.98 | 9.12 | 9.21 | 9.34 |
2026-05-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 27.04 |
| Stochastic Oscillator | 7.28 |
| Stochastic RSI | 9.63 |
| Commodity Channel Index (CCI) | -164.24 |
| Awesome Oscillator | -0.51 |
| Momentum | -0.27 |
| MACD | -0.18 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 8.92 | Sell |
| 10-Day | 8.99 | Sell |
| 20-Day | 9.1 | Sell |
| 60-Day | 9.49 | Sell |
| 200-Day | 9.6 | Sell |
| 250-Day | 9.8 | Sell |