Direxion Daily India Bull 3x Etf ETF Forecast

Buy candidate since Jun 15, 2026 Loss -0.99%

The Direxion Daily India Bull 3X ETF price fell by -1.45% on the last day (Wednesday, 17th Jun 2026) from $45.49 to $44.83. During the last trading day the ETF fluctuated 2.89% from a day low at $44.71 to a day high of $46.00. The price has risen in 6 of the last 10 days and is up by 7.02% over the past 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 -6 thousand shares and in total, 19 thousand shares were bought and sold for approximately $844.91 thousand.

The ETF is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Direxion Daily India Bull 3X ETF with a 90% probability to be traded between $41.61 and $49.75 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.

INDL Signals & Forecast

The Direxion Daily India 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 $43.65 and $43.87. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 08, 2026, and so far it has risen 7.92%. Further rise is indicated until a new top pivot has been found. 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. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk.

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

Direxion Daily India Bull 3X finds support from accumulated volume at $44.10 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, but be aware of low or falling volume as this increases the risk. During the last day, the ETF moved $1.29 between high and low, or 2.89%. For the last week the ETF has had daily average volatility of 1.88%.

Our recommended stop-loss: $43.06 (-3.94%) (This ETF has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (INDL) For The Upcoming Trading Day Of Thursday 18th

For the upcoming trading day on Thursday, 18th we expect Direxion Daily India Bull 3X ETF to open at $45.18, and during the day (based on 14 day Average True Range), to move between $44.25 and $45.41, which gives a possible trading interval of +/-$1.16 (+/-2.62%) up or down from last closing price. If Direxion Daily India Bull 3X ETF takes out the full calculated possible swing range there will be an estimated 2.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $44.10 (1.63%) than the resistance at $46.03 (2.68%), 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 India Bull 3X ETF ETF A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Direxion Daily India Bull 3X ETF to perform well in the short-term period.

Current score: 1.361 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 18, 2026 - $45.18 ( 0.781%).

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