


Technical Sentiment Analysis for Direxion Daily S&P 500 Bear 3X ETF (SPXS). As of 2026-05-01, Direxion Daily S&P 500 Bear 3X ETF (SPXS) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 3 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SPXS stands at 29.49, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -1.97, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 7.72 and the Commodity Channel Index (CCI) at -93.92 further confirm a -1.27 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SPXS is trading below its 60-day moving average of $35.82 and below its 200-day long-term moving average of $37.45. Key price levels to watch include the immediate resistance at $32.17 and strong support at $29.36. A break above $32.17 could signal a bull continuation, while falling below $29.36 may test the next Fibonacci floor at $27.92.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 26.56 | 27.92 | 29.36 | 30.72 | 32.17 | 33.53 | 34.97 |
| Fibonacci | 27.92 | 28.99 | 29.65 | 30.72 | 31.79 | 32.46 | 33.53 |
2026-05-01
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 29.49 |
| Stochastic Oscillator | 7.72 |
| Stochastic RSI | 7.1 |
| Commodity Channel Index (CCI) | -93.92 |
| Awesome Oscillator | -5.42 |
| Momentum | -1.27 |
| MACD | -1.97 |
2026-05-01
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 30.43 | Sell |
| 10-Day | 30.8 | Sell |
| 20-Day | 32.8 | Sell |
| 60-Day | 35.82 | Sell |
| 200-Day | 37.45 | Sell |
| 250-Day | 40.27 | Sell |