Direxion Daily Silver Miners Index Bear 2x Shares Direxion Daily Silver Miners Index Bear 2x Shares Stock Forecast

Buy or Hold candidate since May 15, 2026 Gain 30.15%

The DIREXION DAILY SILVER MINERS INDEX BEAR stock price gained 5.05% on the last trading day (Tuesday, 23rd Jun 2026), rising from $68.43 to $71.88. 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 stock fluctuated 2.26% from a day low at $70.73 to a day high of $72.33. The price has risen in 6 of the last 10 days and is up by 13.17% 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, 11 thousand more shares were traded than the day before. In total, 17 thousand shares were bought and sold for approximately $1.20 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 22.71% during the next 3 months and, with a 90% probability hold a price between $69.43 and $94.03 at the end of this 3-month period.

DULL Signals & Forecast

Mostly positive signals in the chart today. The DIREXION DAILY SILVER MINERS INDEX BEAR stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $66.59 and $58.99. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, June 16, 2026, and so far it has risen 15.85%. 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). DIREXION DAILY SILVER MINERS INDEX BEAR has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for DIREXION DAILY SILVER MINERS INDEX BEAR stock

On the downside, the stock finds support just below today's level from accumulated volume at $65.22 and $63.92. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, DIREXION DAILY SILVER MINERS INDEX BEAR finds support just below today's level at $65.22. If this is broken, then the next support from accumulated volume will be at $63.92 and $59.02.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.60 between high and low, or 2.26%. For the last week, the stock has had daily average volatility of 4.37%.

Our recommended stop-loss: $69.25 (-3.66%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 4 days ago.)

Trading Expectations (DULL) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect DIREXION DAILY SILVER MINERS INDEX BEAR 2X SHARES DIREXION DAILY SILVER MINERS INDEX BEAR 2X SHARES to open at $71.64, and during the day (based on 14 day Average True Range), to move between $70.09 and $73.67, which gives a possible trading interval of +/-$3.59 (+/-5.12%) up or down from last closing price. If DIREXION DAILY SILVER MINERS INDEX BEAR 2X SHARES DIREXION DAILY SILVER MINERS INDEX BEAR 2X SHARES takes out the full calculated possible swing range there will be an estimated 5.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $74.80 (4.06%) than the support at $65.22 (9.27%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is DIREXION DAILY SILVER MINERS INDEX BEAR 2X SHARES DIREXION DAILY SILVER MINERS INDEX BEAR 2X SHARES stock A Buy?

DIREXION DAILY SILVER MINERS INDEX BEAR holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.382 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $71.64 ( 0.329%).

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