Direxion Daily Technology Bear 3x Shares ETF Forecast

Sell candidate since Jul 30, 2026 Gain 0.41%

The Direxion Daily Technology Bear 3X Shares ETF price gained 0.413% on the last trading day (Friday, 31st Jul 2026), rising from $75.00 to $75.31. During the last trading day the ETF fluctuated 10.29% from a day low at $71.30 to a day high of $78.64. The price has risen in 8 of the last 10 days but is still down by -2.33% for this period. Volume fell on the last day by -149 thousand shares and in total, 306 thousand shares were bought and sold for approximately $23.05 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 -15.81% during the next 3 months and, with a 90% probability hold a price between $40.72 and $74.98 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.

TECS Signals & Forecast

The Direxion Daily Technology Bear 3X Shares ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $78.71. On a fall, the ETF will find some support from the long-term average at approximately $70.96. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. 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 Wednesday, July 29, 2026, and so far it has fallen -15.95%. Further fall is indicated until a new bottom pivot has been found.

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

Direxion Daily Technology Bear 3X Shares finds support from accumulated volume at $71.90 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 much during the day (volatility) and with a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $7.34 between high and low, or 10.29%. For the last week, the ETF has had daily average volatility of 9.56%.

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

Trading Expectations (TECS) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Direxion Daily Technology Bear 3X Shares to open at $75.08, and during the day (based on 14 day Average True Range), to move between $71.77 and $78.85, which gives a possible trading interval of +/-$7.08 (+/-9.86%) up or down from last closing price. If Direxion Daily Technology Bear 3X Shares takes out the full calculated possible swing range there will be an estimated 9.86% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $76.00 (0.92%) than the support at $71.90 (4.53%), 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 Technology Bear 3X Shares ETF A Buy?

Direxion Daily Technology Bear 3X Shares 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: -2.041 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $75.08 ( 0.301%).

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