


Technical Sentiment Analysis for Direxion Daily S&P 500 Bear 1X ETF (SPDN). As of 2026-05-29, Direxion Daily S&P 500 Bear 1X ETF (SPDN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 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 28.34, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -0.15, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 7.62 and the Commodity Channel Index (CCI) at -149.23 further confirm a -0.08 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SPDN is trading below its 60-day moving average of $9.32 and below its 200-day long-term moving average of $9.5. Key price levels to watch include the immediate resistance at $8.9 and strong support at $8.6. A break above $8.9 could signal a bull continuation, while falling below $8.6 may test the next Fibonacci floor at $8.45.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 8.3 | 8.45 | 8.6 | 8.75 | 8.9 | 9.05 | 9.2 |
| Fibonacci | 8.45 | 8.56 | 8.63 | 8.75 | 8.86 | 8.93 | 9.05 |
2026-05-29
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 28.34 |
| Stochastic Oscillator | 7.62 |
| Stochastic RSI | 9.48 |
| Commodity Channel Index (CCI) | -149.23 |
| Awesome Oscillator | -0.29 |
| Momentum | -0.08 |
| MACD | -0.15 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 8.67 | Sell |
| 10-Day | 8.74 | Sell |
| 20-Day | 8.8 | Sell |
| 60-Day | 9.32 | Sell |
| 200-Day | 9.5 | Sell |
| 250-Day | 9.68 | Sell |