Direxion Daily Meta Bear 1x Shares ETF Forecast

Buy or Hold candidate since Jun 01, 2026 Gain 1.00%

The Direxion Daily Meta Bear 1x Shares ETF price gained 5.72% on the last trading day (Friday, 5th Jun 2026), rising from $15.92 to $16.83. During the last trading day the ETF fluctuated 7.26% from a day low at $15.92 to a day high of $17.07. The price has fallen in 6 of the last 10 days but is still up by 1.92% 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, 1 million more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $24.93 million.

The ETF lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -3.84% during the next 3 months and, with a 90% probability hold a price between $13.69 and $18.07 at the end of this 3-month period.

METD Signals & Forecast

The Direxion Daily Meta Bear 1x 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 $16.26 and $16.01. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 17, 2026, and so far it has risen 14.96%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Direxion Daily Meta Bear 1x Shares ETF

Direxion Daily Meta Bear 1x Shares finds support from accumulated volume at $16.50 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 $1.16 between high and low, or 7.26%. For the last week the ETF has had daily average volatility of 4.32%.

Our recommended stop-loss: $16.18 (-3.86%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 34 days ago.)

Trading Expectations (METD) For The Upcoming Trading Day Of Monday 8th

For the upcoming trading day on Monday, 8th we expect Direxion Daily Meta Bear 1x Shares to open at $16.61, and during the day (based on 14 day Average True Range), to move between $16.59 and $17.07, which gives a possible trading interval of +/-$0.489 (+/-2.95%) up or down from last closing price. If Direxion Daily Meta Bear 1x Shares takes out the full calculated possible swing range there will be an estimated 2.95% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $16.50 (1.96%) than the resistance at $17.49 (3.92%), 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 Meta Bear 1x Shares ETF A Buy?

Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for 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: 2.358 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 8, 2026 - $16.61 ( 1.34%).

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