Direxion Daily Googl Bull 2x Shares ETF Forecast

Sell candidate since Jun 02, 2026 Loss -1.40%

The Direxion Daily GOOGL Bull 2X Shares ETF price fell by -1.40% on the last day (Wednesday, 3rd Jun 2026) from $119.31 to $117.64. It has now fallen 4 days in a row. During the last trading day the ETF fluctuated 4.59% from a day low at $116.80 to a day high of $122.16. The price has fallen in 6 of the last 10 days and is down by -14.64% for this period. 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 -1 million shares and in total, 2 million shares were bought and sold for approximately $284.76 million.

Given the current short-term trend, the ETF is expected to rise 75.16% during the next 3 months and, with a 90% probability hold a price between $206.06 and $288.38 at the end of this 3-month period.

GGLL Signals & Forecast

There are few to no technical positive signals at the moment. The Direxion Daily GOOGL Bull 2X Shares 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 $130.55 and $128.93. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 13, 2026, and so far it has fallen -21.02%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 GOOGL Bull 2X Shares ETF

Direxion Daily GOOGL Bull 2X Shares finds support from accumulated volume at $114.47 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 $5.36 between high and low, or 4.59%. For the last week, the ETF has had daily average volatility of 4.67%.

Direxion Daily GOOGL Bull 2X Shares is oversold on RSI14 (13). Some ETFs may fall long and hard while being oversold on RSI, but ETFs that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

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

Trading Expectations (GGLL) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Direxion Daily GOOGL Bull 2X Shares to open at $118.87, and during the day (based on 14 day Average True Range), to move between $114.28 and $121.00, which gives a possible trading interval of +/-$6.72 (+/-5.88%) up or down from last closing price. If Direxion Daily GOOGL Bull 2X Shares takes out the full calculated possible swing range there will be an estimated 5.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $119.31 (1.42%) than the support at $114.47 (2.69%), 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 GOOGL Bull 2X Shares ETF A Buy?

The Direxion Daily GOOGL Bull 2X Shares ETF holds several negative signals and despite the positive trend, we believe Direxion Daily GOOGL Bull 2X Shares will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -5.009 Strong Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $118.87 ( 1.04%).

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