Direxion Daily Semiconductor Bear 3x Shares ETF Forecast

Sell candidate since Mar 31, 2026 Loss -85.12%

The Direxion Daily Semiconductor Bear 3X ETF price gained 4.22% on the last trading day (Tuesday, 9th Jun 2026), rising from $5.69 to $5.93. During the last trading day the ETF fluctuated 38.33% from a day low at $5.14 to a day high of $7.11. The price has been going up and down for this period, and there has been a -5.72% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 571 million more shares were traded than the day before. In total, 1 billion shares were bought and sold for approximately $8.08 billion.

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. Due to the high volatility and the trend direction we are not able to give forecast range for this ETF. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

SOXS Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, June 03, 2026, and so far it has risen 20.77%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Direxion Daily Semiconductor Bear 3X ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $9.76. On a fall, the ETF will find some support from the short-term average at $5.71. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

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

Direxion Daily Semiconductor Bear 3X finds support from accumulated volume at $5.69 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 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 $1.97 between high and low, or 38.33%. For the last week, the ETF has had daily average volatility of 19.73%.

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

Trading Expectations (SOXS) For The Upcoming Trading Day Of Wednesday 10th

For the upcoming trading day on Wednesday, 10th we expect Direxion Daily Semiconductor Bear 3X Shares to open at $6.06, and during the day (based on 14 day Average True Range), to move between $5.26 and $6.60, which gives a possible trading interval of +/-$1.35 (+/-25.59%) 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 25.59% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.69 (4.05%) than the resistance at $6.29 (6.07%), 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 Semiconductor Bear 3X Shares ETF A Buy?

Direxion Daily Semiconductor Bear 3X holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -2.084 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 10, 2026 - $6.06 ( 2.19%).

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