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Direxion Daily S&P 500 Bear 3X Shares

Direxion Daily S&P 500 Bear 3X Shares technical analysis

SPXSTrading--Inverse Equity Updated daily

Technical analysis of Direxion Daily S&P 500 Bear 3X Shares (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.

What is Direxion Daily S&P 500 Bear 3X Shares

SPXS is a fund that provides inverse exposure to the S&P 500 with 3X daily leverage, utilizing financial instruments such as swaps, futures contracts, and short positions. The fund invests at least 80% of its net assets in these instruments to replicate the opposite movement of the index on a daily basis. It is a non-diversified trading instrument designed for short-term trading operations.

Description generated automatically from public sources; it may be inaccurate or out of date.

Direxion Daily S&P 500 Bear 3X Shares: latest session data

Closing values for October 21, 2026, computed on the last 12 months of prices.

Close23.93 $
Change−1.40%
RSI (14)47.5
MACD-0.071
ADX13.8
Volatility (ATR)2.76%
Volume vs 20-avg107%
12-month high29.82 $
12-month low23.04 $

Moving averages

21 sessions

24.05 $

−0.48%

50 sessions

24.24 $

−1.28%

200 sessions

29.08 $

−17.72%

Session levels

s2

23.56

Support

s1

23.92

Support

pivot

24.33

Pivot

r1

24.69

Resistance

r2

25.10

Resistance

How to read it

In the October 21, 2026 session Direxion Daily S&P 500 Bear 3X Shares closed lower at 23.93 $, −1.40% versus the previous session.

The price sits below every moving average observed: −0.48% against the 21-session average, −1.28% against the 50 and −17.72% against the 200.

The 14-period RSI reads 47.5, in neutral territory.

MACD stands at -0.071 against a signal line at -0.145: the histogram is positive (+0.074).

ADX reads 13.8, indicating weak directionality.

Levels computed on the latest session place supports at 23.92 and 23.56 $ and resistances at 24.69 and 25.10 $, around a pivot of 24.33.

The average daily range (ATR) is 0.662 $, or 2.76% of price.

Turnover was 15.6M shares, 107% of the 20-session average.

Over the last twelve months the price ranged between 23.04 and 29.82 $, and today stands −19.76% from the period high.

Measures computed on closing prices. They describe the past; they are not forecasts.

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How Montbon’s technical analysis works

Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.

Elliott Waves

Wave counting to frame the price structure.

MTF moving averages

Moving averages across timeframes to read the trend.

0–100 score

A technical summary of the setup, updated daily.

Read the full Montbon Score methodology →

FAQ about Direxion Daily S&P 500 Bear 3X Shares

How is Direxion Daily S&P 500 Bear 3X Shares analysed technically?

Technical analysis of Direxion Daily S&P 500 Bear 3X Shares is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.

Which timeframes are used for Direxion Daily S&P 500 Bear 3X Shares?

The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.

What are Elliott Waves applied to Direxion Daily S&P 500 Bear 3X Shares?

Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Direxion Daily S&P 500 Bear 3X Shares it helps frame the technical structure of the historical chart and is not a forecast.

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Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.

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