
Technical analysis of Direxion Daily Technology Bear 3X Shares (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
TECS is an investment fund that provides 3X daily inverse (opposite) exposure to an index of U.S. technology companies provided by S&P Dow Jones Indices. The fund invests at least 80% of its net assets in financial instruments that deliver short exposure to the underlying technology index. It operates as a non-diversified instrument in the inverse equity trading segment.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 4, 2026, computed on the last 12 months of prices.
21 sessions
62.17 $
−2.88%
50 sessions
67.50 $
−10.55%
200 sessions
127.58 $
−52.67%
s2
58.63
Support
s1
60.06
Support
pivot
62.62
Pivot
r1
64.05
Resistance
r2
66.61
Resistance
In the September 4, 2026 session Direxion Daily Technology Bear 3X Shares closed lower at 60.38 $, −1.82% versus the previous session.
The price sits below every moving average observed: −2.88% against the 21-session average, −10.55% against the 50 and −52.67% against the 200.
The 14-period RSI reads 43.4, in neutral territory.
MACD stands at -1.657 against a signal line at -1.816: the histogram is positive (+0.159).
ADX reads 9.9, indicating weak directionality.
Levels computed on the latest session place supports at 60.06 and 58.63 $ and resistances at 64.05 and 66.61 $, around a pivot of 62.62.
The average daily range (ATR) is 3.907 $, or 6.47% of price.
Turnover was 325.7K shares, 96% of the 20-session average.
Over the last twelve months the price ranged between 56.64 and 238.41 $, and today stands −74.67% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the TECS analysis.
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.
How is Direxion Daily Technology Bear 3X Shares analysed technically?
Technical analysis of Direxion Daily Technology 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 Technology 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 Technology Bear 3X Shares?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Direxion Daily Technology Bear 3X Shares it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.