Direxion Daily Semiconductor Bear 3x Shares ETF Forecast

Hold candidate since Jun 29, 2026

The Direxion Daily Semiconductor Bear 3X ETF price fell by -12.26% on the last day (Monday, 29th Jun 2026) from $4.24 to $3.72. During the last trading day the ETF fluctuated 25.14% from a day low at $3.70 to a day high of $4.63. The price has fallen in 6 of the last 10 days and is down by -21.19% for this period. Volume has increased on the last day by 768 million 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, 768 million shares were bought and sold for approximately $2.86 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.

SOXS Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, June 22, 2026, and so far it has risen 12.73%. 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). 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 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 $3.80 and $6.22. A break-up above any of these levels will issue buy signals. 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 Semiconductor Bear 3X ETF

Direxion Daily Semiconductor Bear 3X finds support from accumulated volume at $3.63 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 $0.93 between high and low, or 25.14%. For the last week, the ETF has had daily average volatility of 15.31%.

Our recommended stop-loss: $3.60 (-3.26%) (This ETF has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 5 days ago.)

Trading Expectations (SOXS) For The Upcoming Trading Day Of Tuesday 30th

For the upcoming trading day on Tuesday, 30th we expect Direxion Daily Semiconductor Bear 3X Shares to open at $4.02, and during the day (based on 14 day Average True Range), to move between $3.22 and $4.22, which gives a possible trading interval of +/-$0.99 (+/-30.87%) 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 30.87% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $3.63 (2.42%) than the resistance at $4.04 (8.60%), 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 this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.

Current score: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on June 30, 2026 - $4.02 ( 7.97%).

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