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Direxion Daily S&P Biotech Bull 3X ETF

Direxion Daily S&P Biotech Bull 3X ETF (LABU) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Direxion Daily S&P Biotech Bull 3X ETF.

LABU●AMEX
Financial ServicesAsset Management - Leveraged
$160.26
$18.96(10.58%)
U.S. Market opens in 56h 26m
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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

LABU Technical Analysis Summary

Direxion Daily S&P Biotech Bull 3X ETF stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.91)
Trend Strength:Weak (ADX: 10.69)
Volatility:High (ATR: 14.94)
Support/Resistance:$153.90 – $203.54 (Bollinger Bands)

Technical conditions suggest Direxion Daily S&P Biotech Bull 3X ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.91

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 37.30

Bearish
Momentum remains weak below midpoint.

Williams %R: -79.41

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -7.04

Strongly Bearish
Sharp downside momentum.

Takeaway:Direxion Daily S&P Biotech Bull 3X ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -2.97

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 10.69

Weak
Weak trend, market trading sideways.

ATR (14): 14.94

Rising
Rising volatility, market activity increasing.

CCI (14): -64.95

Bearish
Bearish, momentum remains under pressure.

Takeaway:Direxion Daily S&P Biotech Bull 3X ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$203.54
Middle Band (SMA 20)
$178.72
Lower Band
$153.90
Current Position
Within Bands

Takeaway:Direxion Daily S&P Biotech Bull 3X ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$207.10
Middle Line (EMA 20)
$177.23
Lower Channel
$147.35
Squeeze Status
Squeeze On

Takeaway:Direxion Daily S&P Biotech Bull 3X ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.40M
Money Flow Index50.51Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.93Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:LABU shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily S&P Biotech Bull 3X ETF, here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

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

Overall Recommendation:Technical indicators for Direxion Daily S&P Biotech Bull 3X ETF are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ