Direxion Daily Msci Emerging Markets Bull 3x Shares ETF Forecast

Sell candidate since Jun 05, 2026

The Direxion Daily MSCI Emerging Markets ETF price fell by -19.64% on the last day (Friday, 5th Jun 2026) from $95.28 to $76.57. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 13.18% from a day low at $75.72 to a day high of $85.70. The price has been going up and down for this period, and there has been a -8.95% loss for the last 2 weeks. Volume has increased on the last day by 220 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 304 thousand shares were bought and sold for approximately $23.24 million.

Given the current short-term trend, the ETF is expected to rise 67.89% during the next 3 months and, with a 90% probability hold a price between $128.55 and $175.79 at the end of this 3-month period.

EDC Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Direxion Daily MSCI Emerging Markets ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. On corrections up, there will be some resistance from the lines at $94.35 and $84.51. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -25.44%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.

Support, Risk & Stop-loss for Direxion Daily MSCI Emerging Markets ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $64.11 and $63.43. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Direxion Daily MSCI Emerging Markets finds support just below today's level at $64.11. If this is broken, then the next support from accumulated volume will be at $63.43 and $59.91.

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 $9.98 between high and low, or 13.18%. For the last week, the ETF has had daily average volatility of 6.43%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (EDC) For The Upcoming Trading Day Of Monday 8th

For the upcoming trading day on Monday, 8th we expect Direxion Daily MSCI Emerging Markets Bull 3X Shares to open at $79.33, and during the day (based on 14 day Average True Range), to move between $73.43 and $79.71, which gives a possible trading interval of +/-$6.28 (+/-8.55%) up or down from last closing price. If Direxion Daily MSCI Emerging Markets Bull 3X Shares takes out the full calculated possible swing range there will be an estimated 8.55% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $77.57 (1.31%) than the support at $64.11 (16.27%), 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 MSCI Emerging Markets Bull 3X Shares ETF A Buy?

The Direxion Daily MSCI Emerging Markets ETF holds several negative signals and despite the positive trend, we believe Direxion Daily MSCI Emerging Markets will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Sell candidate.

Current score: -4.125 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 8, 2026 - $79.33 ( 3.60%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk