


Technical Sentiment Analysis for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP). As of 2026-07-07, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 5 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DRIP stands at 51.3, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.15, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 45.49 and the Commodity Channel Index (CCI) at 6.42 further confirm a -0.2 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, DRIP is trading below its 60-day moving average of $4.8 and below its 200-day long-term moving average of $6.75. Key price levels to watch include the immediate resistance at $5.59 and strong support at $5.06. A break above $5.59 could signal a bull continuation, while falling below $5.06 may test the next Fibonacci floor at $4.8.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.53 | 4.8 | 5.06 | 5.33 | 5.59 | 5.86 | 6.11 |
| Fibonacci | 4.8 | 5 | 5.13 | 5.33 | 5.53 | 5.66 | 5.86 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 51.3 |
| Stochastic Oscillator | 45.49 |
| Stochastic RSI | 63.19 |
| Commodity Channel Index (CCI) | 6.42 |
| Awesome Oscillator | 0.38 |
| Momentum | -0.2 |
| MACD | 0.15 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 5.31 | Sell |
| 10-Day | 5.31 | Sell |
| 20-Day | 5.16 | Sell |
| 60-Day | 4.8 | Buy |
| 200-Day | 6.75 | Sell |
| 250-Day | 7.27 | Sell |