Direxion Daily Semiconductor Bear 3x Shares ETF Forecast

Buy or Hold candidate since Jul 16, 2026 Gain 3.79%

The Direxion Daily Semiconductor Bear 3X ETF price fell by -1.57% on the last day (Monday, 20th Jul 2026) from $54.85 to $53.99. During the last trading day the ETF fluctuated 10.77% from a day low at $49.11 to a day high of $54.40. The price has risen in 6 of the last 10 days and is up by 29.47% over the past 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -53 million shares and in total, 53 million shares were bought and sold for approximately $2.84 billion.

The ETFhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $52.98, a level that may pose a second chance to hit a runner. According to fan-theory $97.92 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

SOXS Signals & Forecast

The Direxion Daily Semiconductor Bear 3X 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 $48.13 and $47.16. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, July 17, 2026, and so far it has fallen -1.57%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Direxion Daily Semiconductor Bear 3X ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $49.50 and $45.10. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Direxion Daily Semiconductor Bear 3X finds support just below today's level at $49.50. If this is broken, then the next support from accumulated volume will be at $45.10 and $40.80.

This ETF may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this ETF is considered to be "very high risk". During the last day, the ETF moved $5.29 between high and low, or 10.77%. For the last week, the ETF has had daily average volatility of 15.04%.

Our recommended stop-loss: $51.67 (-4.30%) (This ETF has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (SOXS) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Direxion Daily Semiconductor Bear 3X Shares to open at $52.50, and during the day (based on 14 day Average True Range), to move between $49.95 and $58.03, which gives a possible trading interval of +/-$8.08 (+/-16.17%) up or down from last closing price. If Direxion Daily Semiconductor Bear 3X Shares takes out the full calculated possible swing range there will be an estimated 16.17% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $54.85 (1.59%) than the support at $49.50 (8.32%), 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 Semiconductor Bear 3X Shares ETF A Buy?

Direxion Daily Semiconductor Bear 3X 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 Strong Buy to a Hold candidate.

Current score: -0.500 Hold/Accumulate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on July 21, 2026 - $52.50 ( 2.76%).

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