Direxion Daily Sp Etf Technical Analysis
| LABU Etf | USD 167.94 1.47 0.88% |
As of the 9th of February, Direxion Daily shows the Coefficient Of Variation of 806.83, mean deviation of 3.89, and Downside Deviation of 4.63. 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.
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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. 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.
| 11/11/2025 |
| 02/09/2026 |
If you would invest 0.00 in Direxion Daily on November 11, 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 Innovator Laddered, ProShares UltraPro, Direxion Daily, Rockefeller Small, SPDR SP, SEI Exchange, and SPDR SSGA. The fund invests at least 80 percent of its net assets in financial instruments and securities of the index, exchange-tr... 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.
| Downside Deviation | 4.63 | |||
| Information Ratio | 0.1058 | |||
| Maximum Drawdown | 21.5 | |||
| Value At Risk | (6.47) | |||
| Potential Upside | 8.51 |
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 | 0.1082 | |||
| Jensen Alpha | 0.3889 | |||
| Total Risk Alpha | 0.1139 | |||
| Sortino Ratio | 0.113 | |||
| Treynor Ratio | 0.2248 |
Direxion Daily February 9, 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 | 0.1082 | |||
| Market Risk Adjusted Performance | 0.2348 | |||
| Mean Deviation | 3.89 | |||
| Semi Deviation | 4.07 | |||
| Downside Deviation | 4.63 | |||
| Coefficient Of Variation | 806.83 | |||
| Standard Deviation | 4.94 | |||
| Variance | 24.41 | |||
| Information Ratio | 0.1058 | |||
| Jensen Alpha | 0.3889 | |||
| Total Risk Alpha | 0.1139 | |||
| Sortino Ratio | 0.113 | |||
| Treynor Ratio | 0.2248 | |||
| Maximum Drawdown | 21.5 | |||
| Value At Risk | (6.47) | |||
| Potential Upside | 8.51 | |||
| Downside Variance | 21.42 | |||
| Semi Variance | 16.53 | |||
| Expected Short fall | (4.14) | |||
| Skewness | 0.1656 | |||
| Kurtosis | (0.35) |
Direxion Daily SP Backtested Returns
Direxion Daily appears to be very steady, given 3 months investment horizon. Direxion Daily SP secures Sharpe Ratio (or Efficiency) of 0.0998, which denotes the etf had a 0.0998 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Direxion Daily SP, which you can use to evaluate the volatility of the entity. Please utilize Direxion Daily's Downside Deviation of 4.63, coefficient of variation of 806.83, and Mean Deviation of 3.89 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 2.68, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Direxion Daily will likely underperform.
Auto-correlation | 0.40 |
Average predictability
Direxion Daily SP has average predictability. Overlapping area represents the amount of predictability between Direxion Daily time series from 11th of November 2025 to 26th of December 2025 and 26th of December 2025 to 9th of February 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 0.4 indicates that just about 40.0% of current Direxion Daily price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 89.47 |
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 one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Direxion Daily SP volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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 February 9, 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 | 0.1082 | |||
| Market Risk Adjusted Performance | 0.2348 | |||
| Mean Deviation | 3.89 | |||
| Semi Deviation | 4.07 | |||
| Downside Deviation | 4.63 | |||
| Coefficient Of Variation | 806.83 | |||
| Standard Deviation | 4.94 | |||
| Variance | 24.41 | |||
| Information Ratio | 0.1058 | |||
| Jensen Alpha | 0.3889 | |||
| Total Risk Alpha | 0.1139 | |||
| Sortino Ratio | 0.113 | |||
| Treynor Ratio | 0.2248 | |||
| Maximum Drawdown | 21.5 | |||
| Value At Risk | (6.47) | |||
| Potential Upside | 8.51 | |||
| Downside Variance | 21.42 | |||
| Semi Variance | 16.53 | |||
| Expected Short fall | (4.14) | |||
| Skewness | 0.1656 | |||
| Kurtosis | (0.35) |
Direxion Daily SP One Year Return
Based on the recorded statements, Direxion Daily SP has an One Year Return of 72%. This is 639.6% lower than that of the Direxion Funds family and notably lower than that of the Trading--Leveraged Equity category. The one year return for all United States etfs is notably lower than that of the firm.
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 February 9, 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 | 0.07 | ||
| Daily Balance Of Power | 0.13 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 162.37 | ||
| Day Typical Price | 164.22 | ||
| Price Action Indicator | 6.31 | ||
| Market Facilitation Index | 11.35 |
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. 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.