Direxion Daily Msci Emerging Markets Bear 3x Shares ETF Forecast

Hold candidate since Jul 31, 2026

The Direxion Daily MSCI Emerging Markets ETF price fell by -2.59% on the last day (Friday, 31st Jul 2026) from $17.35 to $16.90. During the last trading day the ETF fluctuated 7.87% from a day low at $16.13 to a day high of $17.40. The price has been going up and down for this period, and there has been a -5.53% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -341 thousand shares and in total, 161 thousand shares were bought and sold for approximately $2.73 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 -4.61% during the next 3 months and, with a 90% probability hold a price between $12.30 and $18.84 at the end of this 3-month period.

EDZ Signals & Forecast

The Direxion Daily MSCI Emerging Markets ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $17.82. On a fall, the ETF will find some support from the long-term average at approximately $16.07. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Wednesday, July 29, 2026, and so far it has fallen -14.56%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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 $15.90 and $15.88. 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 $15.90. If this is broken, then the next support from accumulated volume will be at $15.88 and $15.33.

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 $1.27 between high and low, or 7.87%. For the last week, the ETF has had daily average volatility of 7.33%.

Our recommended stop-loss: $15.88 (-6.02%) (This ETF has high daily movements and this gives high risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (EDZ) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Direxion Daily MSCI Emerging Markets Bear 3X Shares to open at $16.81, and during the day (based on 14 day Average True Range), to move between $16.25 and $17.55, which gives a possible trading interval of +/-$1.31 (+/-8.05%) up or down from last closing price. If Direxion Daily MSCI Emerging Markets Bear 3X Shares takes out the full calculated possible swing range there will be an estimated 8.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $17.35 (2.66%) than the support at $15.90 (5.92%), 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 Bear 3X Shares ETF A Buy?

Direxion Daily MSCI Emerging Markets 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. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.

Current score: -0.461 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $16.81 ( 0.533%).

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