Direxion Daily Energy Bear 2x Shares ETF Forecast

Buy or Hold candidate since Jun 09, 2026 Gain 6.18%

The Direxion Daily Energy Bear 2X Shares ETF price gained 6.84% on the last trading day (Monday, 15th Jun 2026), rising from $11.41 to $12.19. During the last trading day the ETF fluctuated 3.33% from a day low at $12.01 to a day high of $12.41. The price has fallen in 6 of the last 10 days but is still up by 5.72% 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, 783 thousand more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately $42.71 million.

The ETF lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 2.18% during the next 3 months and, with a 90% probability hold a price between $10.28 and $13.09 at the end of this 3-month period.

ERY Signals & Forecast

Mostly positive signals in the chart today. The Direxion Daily Energy Bear 2X Shares ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. 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 $11.47 and $11.28. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, May 19, 2026, and so far it has risen 20.69%. 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 Energy Bear 2X Shares ETF

Direxion Daily Energy Bear 2X Shares finds support from accumulated volume at $11.66 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $0.400 between high and low, or 3.33%. For the last week, the ETF has had daily average volatility of 4.94%.

Our recommended stop-loss: $11.58 (-4.97%) (This ETF has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 18 days ago.)

Trading Expectations (ERY) For The Upcoming Trading Day Of Tuesday 16th

For the upcoming trading day on Tuesday, 16th we expect Direxion Daily Energy Bear 2X Shares to open at $12.20, and during the day (based on 14 day Average True Range), to move between $11.91 and $12.47, which gives a possible trading interval of +/-$0.568 (+/-4.77%) 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 4.77% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.25 (0.49%) than the support at $11.66 (4.35%), 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 Energy Bear 2X Shares ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Direxion Daily Energy Bear 2X Shares ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold to a Buy candidate.

Current score: 4.361 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 16, 2026 - $12.20 ( 0.109%).

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