SPDN Direxion Daily S&P 500 Bear 1X ETF
Trend channel, buy level and 3-month target. Information only, not financial advice.
At the channel ceiling · 9-month channel falling
Price is at the upper line, where it has stalled before.
- 9-month channel read from
- US$8.20 – US$8.41 · falling, −16% a year
- 12-month channel
- US$8.21 – US$8.50 · falling, −12% a year
- Price in channel
- 199% (0% = floor, 100% = ceiling)
- Ceiling overhead
- none — above both ceilings
- Turns bearish below
- US$8.20
Price history, with the path projected 3 months forward
Updated 10:00 PM ET (38 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call: its projected path only reaches 0.0% above the entry within 90 days, under the 6.0% floor a call has to clear to be worth making Levels below are for reference only.
Buy at or below
US$8.20
level as at 1 Nov 2026
Our target
US$8.41
by 2 Nov 2026
Projected move
2.5%
gross, before costs
Price is at or past our target.
- Upper line touches
- 4
- Lower line touches
- 3
- Fit confidence
- 87%
- Fitted
- 1 Nov 2026
Company information
About Direxion Daily S&P 500 Bear 1X ETF
The Direxion Daily S&P 500 Bear 1X ETF (SPDN) aims to provide daily investment returns that mirror the S&P 500 Index's performance in the opposite direction. Specifically, its objective is to deliver 100% of the S&P 500's inverse daily movement, excluding its own fees and expenses. It is important to note, however, that the fund does not guarantee it will consistently achieve this stated daily target.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$207.69M
- Enterprise value
- —
- Beta
- -0.97
- Avg volume
- 37.84M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 8.28-10.28
- Exchange
- AMEX
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.