Direxion Daily S&P 500 Bear 1X Shares (SPDN)
NYSEArca
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
Direxion Daily S&P 500 Bear 1X Shares is trading at $8.39, down 0.59% on the session. The 50 day average sits at $8.48 and the 200 day at $8.97, which puts the stock in a downtrend. RSI is at 49.9, which reads as neutral, and MACD is bullish crossover. Volume is average.
The nearest support is around $8.44 with resistance near $8.53, so that band frames the current range. Average daily movement is roughly $0.08, or about 1.0% of the share price, which is what any stop placement has to allow for. The overall health score of 50 out of 100 combines a trend score of 7, momentum of 66 and a risk score of 96.
Technical indicators
About Direxion Daily S&P 500 Bear 1X Shares
The index is designed to be comprised of stocks that are the 500 leading, large-cap U.S.-listed issuers. The fund invests at least 80% of the fund’s net assets in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index or to ETFs that track the index, which, in combination, provider returns consistent with the objective. It is non-diversified.