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AD Indicator for [SPXS] Direxion Daily S&P 500 Bear 3X Shares

Data updated 2024-Dec-17 (Tuesday)

  Analyze current daily levels of Chaikin Accumulation / Distribution indicator for Direxion Daily S&P 500 Bear 3X Shares . Technicals are widely used by investors to gauge performance, momentum etc. See Guide for further details . To compare technicals across stocks/etfs/crypto visit technical summary . Also, view daily frequency distribution of bullish/bearish technical signals (e.g. RSI, MACD etc.) with technical sentiment report to gauge changes in aggregate across the market or a particular sector

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Recent Technical Indicator history for Direxion Daily S&P 500 Bear 3X Shares use daily Chaikin Accumulation / Distribution (AD) values as of Last Close (2024-Dec-17). See additional information below on calculation, interpretation etc.

Chaikin Accumulation / Distribution



Calculation Methodology:
Standard calculations for calculating Money Flow multiplier and Accumulation/Distribution.

FYI, calculation differs from OBV because OBV looks at the days close compared to prior close whereas AD looks at the close with respect to the daily high-low range

Detailed calculation steps are provided in the Reference links. Values are adjusted for splits (if applicable)
How to use this indicator:
Accumulation/Distribution is a volume-based indicator which cumulatively measures trading volume scaled using a money flow multiplier to reflect daily buying/selling pressure over time.
  • Money flow multiplier is positive when buying pressure > selling pressure (close is nearer to the top of the high-low range). High positive multipliers multiplied by high volume shows strong buying pressure leading to a rising AD line
  • Money Flow multiplier is negative when selling pressure > buying pressure (close is nearer to the bottom of the high-low range). Low negative values multiplied by high volume shows strong selling pressure leading to a fallingAD line
  • The accumulation confirms the trend if it is alongside rising prices. Distribution alongside a uptrend in price suggests a weakening and possible upcoming reversal. Conversely, falling prices with increasing accumulation signals increasing bearish selling pressure and the distribution indicates that the bearishness is weakening and a reversal could be coming

    Interpretation above is not comprehensive but rather just a starting point of understanding. Experienced market professionals typically use a combination of different datapoints to drive decisions. Use additional links in the References section for more details
    What about other technicals?

    There are many technicals and many different settings for even the above indicators like different moving average periods selected for example. We however show only popular technical indicators with the most common configuration because they have historically gained acceptance as being the most useful. Mastering interpretation of these indicators will serve most investors well without adding clutter or noise from a large selection of less common indicators/settings. Email us if you strongly feel that there are other indicators worth adding

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    Compare Technicals for Direxion Daily S&P 500 Bear 3X Shares with other stocks/etfs/crypto in a side-by-side presentation using this widget

    Frequency distribution of daily Chaikin A/D values from 2022-Dec-19. Latest Chaikin A/D value is -1.96 Billion as of 2024-Dec-17


    SPXS : Key Technicals 2024-Dec-17 Tuesday
    AD -1.96 Billion ADX 16.5
    ATR 0.13 CCI -24.2
    MACD 0.02 OBV -307 Million
    OSC 40.1 33.8 RSI 43



    Related to Direxion Daily S&P 500 Bear 3X Shares

    Information for Direxion Daily S&P 500 Bear 3X Shares

      Current Detail : Recent daily/monthly performance & benchmark comparison
      Historical Detail : Historical performance & related information using Time Machine
      Anomaly Detection : Investigate unusual recent performance & technicals with historical context using AI
      Historical Seasonality : Seasonal performance by calendar months
      Dividend History : History of Dividend Yield
      Technical History : Popular Technical indicator trends (RSI, MACD etc.) Currently Viewing
      Metric Deciles : Contextualizing recent performance & technical levels into historical decile buckets
      Dollar Cost Averaging : Dollar Cost Average (DCA) over time in your portfolio
      Moving Averages : Key Simple & Exponential Moving Averages
      Historical Analogues : Insights from closest historical matches to recent performance using Artificial Intelligence
      Chart Pattern Matching : Insights from similar historical charts to recent chart using Artificial Intelligence
      News Stories : News stories on 2024-Dec-17 on Google

    Compare Direxion Daily S&P 500 Bear 3X Shares with other assets

      Market Performance : Recent performance across covered assets
      Historical Performance : Prior & Subsequent performance across assets on a historical date
      Market Technicals : Technical indicator levels across covered assets
      Market Seasonality : Seasonal performance by calendar months across covered assets
      Pair Correlations : Performance Correlations with other assets
      Beta : Volatility relative to the broad market
      Performance Comparison : Visually compare/benchmark performance with other assets over time
      Side-by-Side Comparison : Contrast with other assets over time in a side-by-side presentation










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