Direxion Daily S&p 500 Bear 1x Shares ETF Forecast

Hold candidate since Jul 17, 2026

The Direxion Daily S&P 500 Bear 1X Shares ETF price gained 1.16% on the last trading day (Friday, 17th Jul 2026), rising from $8.65 to $8.75. During the last trading day the ETF fluctuated 0.92% from a day low at $8.69 to a day high of $8.77. The price has been going up and down for this period, and there has been a 0.46% gain 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, 9 million more shares were traded than the day before. In total, 61 million shares were bought and sold for approximately $533.94 million.

The ETF lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $8.83 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -4.40% during the next 3 months and, with a 90% probability hold a price between $8.02 and $8.45 at the end of this 3-month period. 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.

SPDN Signals & Forecast

The Direxion Daily S&P 500 Bear 1X Shares ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $8.65 and $8.72. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, July 10, 2026, and so far it has risen 1.86%. 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 S&P 500 Bear 1X Shares ETF

Direxion Daily S&P 500 Bear 1X Shares finds support from accumulated volume at $8.71 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 $0.0800 between high and low, or 0.92%. For the last week the ETF has had daily average volatility of 0.765%.

Our recommended stop-loss: $8.26 (-5.60%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 5 days ago.)

Trading Expectations (SPDN) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Direxion Daily S&P 500 Bear 1X Shares to open at $8.74, and during the day (based on 14 day Average True Range), to move between $8.70 and $8.80, which gives a possible trading interval of +/-$0.0975 (+/-1.12%) up or down from last closing price. If Direxion Daily S&P 500 Bear 1X Shares takes out the full calculated possible swing range there will be an estimated 1.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $8.71 (0.46%) than the resistance at $8.81 (0.69%), 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 S&P 500 Bear 1X Shares ETF A Buy?

Direxion Daily S&P 500 Bear 1X Shares 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. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.

Current score: 0.659 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 20, 2026 - $8.74 ( 0.152%).

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