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Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF

GUSH Technical Analysis Summary (AMEX)

Analyze GUSH on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GUSH●AMEX
Financial ServicesAsset Management - Leveraged
$40.83
$0.58(1.40%)
U.S. Market opens in 0h 59m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GUSH Technical Analysis Summary (AMEX)

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (AMEX: GUSH) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.17)
Trend Strength:Moderate (ADX: 24.09)
Volatility:High (ATR: 2.12)
Support/Resistance:$40.33 – $50.79 (Bollinger Bands)

Technical conditions suggest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF on the AMEX is awaiting a decisive move. Overall, Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 40.17

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 8.30

Bullish
Oversold zone signals rebound potential.

Williams %R: -98.03

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.82

Strongly Bearish
Sharp downside momentum.

Takeaway:Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.23

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.09

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.12

Medium
Medium volatility, healthy price movement.

CCI (14): -101.69

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$50.79
Middle Band (SMA 20)
$45.56
Lower Band
$40.33
Current Position
Within Bands

Takeaway:Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$48.25
Middle Line (EMA 20)
$44.01
Lower Channel
$39.76
Squeeze Status
No Squeeze

Takeaway:Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume7.32M
Money Flow Index51.95Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.53Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:GUSH shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (AMEX: GUSH), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: GUSH) Technical Analysis FAQ