SPDN Company Profile and Key Details

Direxion Daily S&P 500 Bear 1X ETF (AMEX:SPDN) closed at $8.58 USD, losing -$0.06 (-0.69%) from the previous close of $8.64. The stock is currently within 5% of its 52-week low $8.36 and $10.28. With a market capitalization of about $210.64 million, Direxion Daily S&P 500 Bear 1X ETF is classified as a micro-cap and shows lower-than-market volatility (beta ~-0.97). Key stats such as the average daily volume over the past year has been around 37.60 million shares, in line with its 52-week average. Headquartered in New York City, NY, Direxion Daily S&P 500 Bear 1X ETF operates in the Financial Services sector and the Asset Management - Leveraged industry. 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.

Short-term trend indicators are mixed aligned (SMA20 0.04%, SMA50 0.23%, SMA200 -4.58%). The stock’s 14-day RSI is 50.29 (neutral), while the ATR of 0.11 points to moderate volatility. The stock remains sitting in the mid-range of its 52-week band, trading -29.46% below its high and over 1.73% above its low. Average 10-day trading volume of 32.14 million shares is below the 3-month average of 38.42 million, indicating normal recent market interest.

Direxion Daily S&P 500 Bear 1X ETF last paid a dividend of 0.29 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.00.

Our AI price prediction model suggests that Direxion Daily S&P 500 Bear 1X ETF stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

currently trading near 52-week highs band.