Direxion Daily Energy Bear 2x Shares ETF Forecast

Sell candidate since Jul 13, 2026 Loss -9.19%

The Direxion Daily Energy Bear 2X Shares ETF price fell by -0.575% on the last day (Friday, 24th Jul 2026) from $10.43 to $10.37. It has now fallen 7 days in a row. During the last trading day the ETF fluctuated 3.67% from a day low at $10.08 to a day high of $10.45. The price has fallen in 9 of the last 10 days and is down by -14.65% for this period. Volume has increased on the last day by 305 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately $12.21 million.

The ETF has broken the very wide and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $10.58. A reaction back to this level may hold a second chance to get out before further falls.

ERY Signals & Forecast

There are few to no technical positive signals at the moment. The Direxion Daily Energy Bear 2X Shares ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $10.77 and $11.89. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, July 01, 2026, and so far it has fallen -21.62%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.

Support, Risk & Stop-loss for Direxion Daily Energy Bear 2X Shares ETF

Direxion Daily Energy Bear 2X Shares finds support from accumulated volume at $10.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $0.370 between high and low, or 3.67%. For the last week, the ETF has had daily average volatility of 3.09%.

Direxion Daily Energy Bear 2X Shares is oversold on RSI14 (15). Some ETFs may fall long and hard while being oversold on RSI, but ETFs that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ERY) For The Upcoming Trading Day Of Monday 27th

For the upcoming trading day on Monday, 27th we expect Direxion Daily Energy Bear 2X Shares to open at $10.30, and during the day (based on 14 day Average True Range), to move between $10.15 and $10.59, which gives a possible trading interval of +/-$0.447 (+/-4.41%) up or down from last closing price. If Direxion Daily Energy Bear 2X Shares takes out the full calculated possible swing range there will be an estimated 4.41% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $10.36 (0.10%) than the resistance at $10.75 (3.66%), 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 Energy Bear 2X Shares ETF A Buy?

The Direxion Daily Energy Bear 2X Shares ETF holds several negative signals and despite the positive trend, we believe Direxion Daily Energy Bear 2X Shares will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -3.918 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 27, 2026 - $10.30 ( 0.675%).

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