Direxion Daily Energy Bull 3x Etf ETF Forecast

Buy or Hold candidate since Jun 02, 2026 Gain 1.04%

The Direxion Daily Energy Bull 3X ETF price gained 2.24% on the last trading day (Monday, 8th Jun 2026), rising from $89.26 to $91.26. During the last trading day the ETF fluctuated 3.41% from a day low at $90.23 to a day high of $93.31. The price has fallen in 6 of the last 10 days and is down by -4.48% for this period. Volume fell on the last day by -87 thousand shares and in total, 247 thousand shares were bought and sold for approximately $22.54 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 -3.96% during the next 3 months and, with a 90% probability hold a price between $77.08 and $100.33 at the end of this 3-month period.

ERX Signals & Forecast

The Direxion Daily Energy Bull 3X ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $90.00 and $90.91. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 29, 2026, and so far it has risen 6.90%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Direxion Daily Energy Bull 3X ETF

Direxion Daily Energy Bull 3X finds support from accumulated volume at $90.56 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $3.08 between high and low, or 3.41%. For the last week, the ETF has had daily average volatility of 3.67%.

Our recommended stop-loss: $87.80 (-3.79%) (This ETF has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (ERX) For The Upcoming Trading Day Of Tuesday 9th

For the upcoming trading day on Tuesday, 9th we expect Direxion Daily Energy Bull 3X ETF to open at $91.60, and during the day (based on 14 day Average True Range), to move between $89.25 and $93.27, which gives a possible trading interval of +/-$4.02 (+/-4.50%) up or down from last closing price. If Direxion Daily Energy Bull 3X ETF takes out the full calculated possible swing range there will be an estimated 4.50% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $90.56 (0.77%) than the resistance at $94.22 (3.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Direxion Daily Energy Bull 3X ETF ETF A Buy?

Direxion Daily Energy Bull 3X 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: 0.271 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 9, 2026 - $91.60 ( 0.373%).

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