SPXS Stock Summary and Trading Ideas (Direxion Daily S&P 500 Bear 3X | ARCA:SPXS)

The Large Cap Bear 3X EFT seeks daily investment results before fees and expenses of 300% of the inverse (or opposite) of the price performance of the Russell 1000 Index (Large Cap Index). There is no guarantee the fund will meet its stated investment objective.

Direxion Daily S&P 500 Bear 3X trades on the ARCA stock market under the symbol SPXS.

As of February 11, 2025, SPXS stock price declined to $5.75 with 31,840,660 million shares trading.

SPXS has a beta of -2.97, meaning it tends to be less sensitive to market movements. SPXS has a correlation of 1.00 to the broad based SPY ETF.

SPXS has a market cap of $373.33 million. This is considered a Small Cap stock.

In the last 3 years, SPXS traded as high as $31.42 and as low as $5.58.

SPXS has underperformed the market in the last year with a return of -38.6%, while the SPY ETF gained +22.2%. In the last 3 month period, SPXS fell short of the market, returning -2.0%, while SPY returned +1.4%. However, in the most recent 2 weeks SPXS has outperformed the stock market by returning +0.2%, while SPY returned +0.1%.

SPXS support price is $5.61 and resistance is $5.91 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPXS shares will trade within this expected range on the day.