Direxion Daily Sp Etf Technical Analysis
| LABD Etf | USD 18.47 0.87 4.94% |
As of the 29th of January, Direxion Daily shows the Standard Deviation of 4.52, variance of 20.4, and Mean Deviation of 3.54. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Direxion Daily, as well as the relationship between them. Please confirm Direxion Daily SP coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Direxion Daily SP is priced favorably, providing market reflects its regular price of 18.47 per share.
Direxion Daily Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Direxion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DirexionDirexion | Build AI portfolio with Direxion Etf |
Direxion Daily SP's market price often diverges from its book value, the accounting figure shown on Direxion's balance sheet. Smart investors calculate Direxion Daily's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Direxion Daily's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Direxion Daily represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Direxion Daily's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Direxion Daily 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Direxion Daily's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Direxion Daily.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Direxion Daily on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Direxion Daily SP or generate 0.0% return on investment in Direxion Daily over 90 days. Direxion Daily is related to or competes with Direxion Daily, Direxion Daily, Direxion Shares, Tuttle Capital, Direxion Daily, Direxion Daily, and ProShares Trust. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial ... More
Direxion Daily Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Direxion Daily's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Direxion Daily SP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 18.22 | |||
| Value At Risk | (8.48) | |||
| Potential Upside | 6.12 |
Direxion Daily Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direxion Daily's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Direxion Daily's standard deviation. In reality, there are many statistical measures that can use Direxion Daily historical prices to predict the future Direxion Daily's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (1.22) | |||
| Treynor Ratio | 1.4 |
Direxion Daily January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | 1.41 | |||
| Mean Deviation | 3.54 | |||
| Coefficient Of Variation | (556.38) | |||
| Standard Deviation | 4.52 | |||
| Variance | 20.4 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (1.22) | |||
| Treynor Ratio | 1.4 | |||
| Maximum Drawdown | 18.22 | |||
| Value At Risk | (8.48) | |||
| Potential Upside | 6.12 | |||
| Skewness | (0.20) | |||
| Kurtosis | (0.39) |
Direxion Daily SP Backtested Returns
Direxion Daily SP secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the etf had a -0.14 % return per unit of risk over the last 3 months. Direxion Daily SP exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direxion Daily's Standard Deviation of 4.52, mean deviation of 3.54, and Variance of 20.4 to check the risk estimate we provide. The etf shows a Beta (market volatility) of -0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Direxion Daily are expected to decrease at a much lower rate. During the bear market, Direxion Daily is likely to outperform the market.
Auto-correlation | 0.69 |
Good predictability
Direxion Daily SP has good predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Direxion Daily SP price movement. The serial correlation of 0.69 indicates that around 69.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 2.06 |
Direxion Daily technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Direxion Daily SP Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Direxion Daily SP across different markets.
About Direxion Daily Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Direxion Daily SP on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Direxion Daily SP based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Direxion Daily SP price pattern first instead of the macroeconomic environment surrounding Direxion Daily SP. By analyzing Direxion Daily's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Direxion Daily's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Direxion Daily specific price patterns or momentum indicators. Please read more on our technical analysis page.
Direxion Daily January 29, 2026 Technical Indicators
Most technical analysis of Direxion help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Direxion from various momentum indicators to cycle indicators. When you analyze Direxion charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | 1.41 | |||
| Mean Deviation | 3.54 | |||
| Coefficient Of Variation | (556.38) | |||
| Standard Deviation | 4.52 | |||
| Variance | 20.4 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (1.22) | |||
| Treynor Ratio | 1.4 | |||
| Maximum Drawdown | 18.22 | |||
| Value At Risk | (8.48) | |||
| Potential Upside | 6.12 | |||
| Skewness | (0.20) | |||
| Kurtosis | (0.39) |
Direxion Daily SP One Year Return
Based on the recorded statements, Direxion Daily SP has an One Year Return of -71.8%. This is much higher than that of the Direxion Funds family and notably higher than that of the Trading--Inverse Equity category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Direxion Daily January 29, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Direxion stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.08 | ||
| Daily Balance Of Power | 0.60 | ||
| Rate Of Daily Change | 1.05 | ||
| Day Median Price | 17.74 | ||
| Day Typical Price | 17.99 | ||
| Price Action Indicator | 1.16 | ||
| Market Facilitation Index | 1.45 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Direxion Daily SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Direxion Daily SP's market price often diverges from its book value, the accounting figure shown on Direxion's balance sheet. Smart investors calculate Direxion Daily's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Direxion Daily's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Direxion Daily's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Direxion Daily represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Direxion Daily's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.