Direxion Daily Amzn Bear 1x Shares ETF Forecast

Buy or Hold candidate since Jun 01, 2026 Gain 4.41%

The Direxion Daily AMZN Bear 1X Shares ETF price gained 2.47% on the last trading day (Wednesday, 3rd Jun 2026), rising from $8.90 to $9.12. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 3.20% from a day low at $8.91 to a day high of $9.20. The price has risen in 6 of the last 10 days and is up by 3.64% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 million more shares were traded than the day before. In total, 13 million shares were bought and sold for approximately $119.34 million.

Given the current short-term trend, the ETF is expected to fall -26.64% during the next 3 months and, with a 90% probability hold a price between $5.35 and $6.69 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

AMZD Signals & Forecast

The Direxion Daily AMZN Bear 1X Shares ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $8.65 and $8.68. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 06, 2026, and so far it has risen 10.01%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Direxion Daily AMZN Bear 1X Shares ETF

Direxion Daily AMZN Bear 1X Shares finds support from accumulated volume at $8.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $0.285 between high and low, or 3.20%. For the last week the ETF has had daily average volatility of 2.63%.

Our recommended stop-loss: $8.62 (-5.44%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 19 days ago.)

Trading Expectations (AMZD) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Direxion Daily AMZN Bear 1X Shares to open at $9.08, and during the day (based on 14 day Average True Range), to move between $9.00 and $9.24, which gives a possible trading interval of +/-$0.232 (+/-2.58%) up or down from last closing price. If Direxion Daily AMZN Bear 1X Shares takes out the full calculated possible swing range there will be an estimated 2.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $8.80 (3.51%) than the resistance at $10.72 (17.54%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Direxion Daily AMZN Bear 1X Shares ETF A Buy?

Direxion Daily AMZN Bear 1X Shares holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $9.08 ( 0.493%).

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