Direxion Daily Csco Bull 2x Etf ETF Forecast

Buy or Hold candidate since Aug 04, 2026 Gain 1.24%

The Direxion Daily Csco Bull 2x Etf ETF price gained 1.53% on the last trading day (Monday, 10th Aug 2026), rising from $65.34 to $66.34. During the last trading day the ETF fluctuated 3.16% from a day low at $66.34 to a day high of $68.44. The price has risen in 7 of the last 10 days and is up by 13.11% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 8 thousand more shares were traded than the day before. In total, 16 thousand shares were bought and sold for approximately $1.08 million.

The ETF lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -4.45% during the next 3 months and, with a 90% probability hold a price between $40.68 and $71.68 at the end of this 3-month period.

CSCL Signals & Forecast

The Direxion Daily Csco Bull 2x Etf ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $63.83 and $60.50. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Direxion Daily Csco Bull 2x Etf has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, June 04, 2026, and so far it has fallen -14.45%. Further fall is indicated until a new bottom pivot has been found. The ETF had a Golden Star Signal on Monday, March 23, 2026 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Support, Risk & Stop-loss for Direxion Daily Csco Bull 2x Etf ETF

Direxion Daily Csco Bull 2x Etf finds support from accumulated volume at $64.88 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $2.10 between high and low, or 3.16%. For the last week, the ETF has had daily average volatility of 3.71%.

Our recommended stop-loss: $62.72 (-5.46%) (This ETF has high daily movements and this gives high risk. There is a sell signal from a pivot top found 45 days ago.)

Trading Expectations (CSCL) For The Upcoming Trading Day Of Tuesday 11th

For the upcoming trading day on Tuesday, 11th we expect Direxion Daily Csco Bull 2x Etf to open at $67.04, and during the day (based on 14 day Average True Range), to move between $64.74 and $67.94, which gives a possible trading interval of +/-$3.20 (+/-4.95%) up or down from last closing price. If Direxion Daily Csco Bull 2x Etf takes out the full calculated possible swing range there will be an estimated 4.95% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $67.02 (1.02%) than the support at $64.88 (2.20%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Direxion Daily Csco Bull 2x Etf ETF A Buy?

Direxion Daily Csco Bull 2x Etf holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.652 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 11, 2026 - $67.04 ( 1.05%).

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