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SPXL Technical Analysis

Direxion Daily S&P 500 Bull 3X Shares — AI-powered chart analysis updated daily after market close

Multi-Timeframe Overview

Daily
FALLING KNIFE
Weekly
BOTTOMING ATTEMPT
Monthly
UPTREND

As of March 24, 2026, SPXL (Direxion Daily S&P 500 Bull 3X Shares) is in a falling knife state on the daily timeframe with 72% confidence. The weekly chart shows a bottoming attempt pattern (58% confidence), while the monthly timeframe indicates uptrend.

SPXL Direxion Daily S&P 500 Bull 3X Shares daily candlestick chart with moving averages and RSI — falling knife
Daily FALLING KNIFE
Sharp selloff with consecutive red candles; price lost the rising MA cluster and is now trading below EMA200/SMA200 with RSI deeply weak (~36).
SPXL Direxion Daily S&P 500 Bull 3X Shares weekly candlestick chart with moving averages and RSI — bottoming attempt
Weekly BOTTOMING ATTEMPT
Weekly pullback from the $225-$230 swing high; price ($191) lost the rising short-term MAs (SMA50/EMA50) and is testing the ~$190 area while still above EMA100/SMA100.
SPXL Direxion Daily S&P 500 Bull 3X Shares monthly candlestick chart with moving averages and RSI — uptrend
Monthly UPTREND
Monthly uptrend paused after a sharp pullback from the ~$230 area; price ~$191 still well above rising EMA50/EMA100, but momentum cooled (RSI ~56) with a recent large red downswing candle.

Frequently Asked Questions

What is the current technical outlook for SPXL?

As of March 24, 2026, SPXL (Direxion Daily S&P 500 Bull 3X Shares) is in a falling knife state on the daily timeframe with 72% confidence. Sharp selloff with consecutive red candles; price lost the rising MA cluster and is now trading below EMA200/SMA200 with RSI deeply weak (~36).

What are the support and resistance levels for SPXL?

On the daily chart, SPXL has key support at $186 and resistance at $204. On the weekly chart, support sits at $176 with resistance at $198. The monthly timeframe shows support at $180 and resistance at $205.

What timeframes are available for SPXL?

FolioCharts provides daily, weekly, and monthly technical analysis for SPXL. Each timeframe is analysed independently by AI agents using moving averages, RSI, and price action.

How often is SPXL analysis updated?

SPXL technical analysis is updated daily after the US market close. AI agents re-analyse all timeframes using the latest OHLCV price data. Learn more about our methodology.

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