Direxion Daily India Bull 3x Etf ETF Forecast

Sell candidate since Jul 20, 2026 Gain 1.19%

The Direxion Daily India Bull 3X ETF price gained 3.72% on the last trading day (Monday, 27th Jul 2026), rising from $42.48 to $44.06. During the last trading day the ETF fluctuated 1.45% from a day low at $43.43 to a day high of $44.06. The price has been going up and down for this period, and there has been a 0.36% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 10 thousand more shares were traded than the day before. In total, 22 thousand shares were bought and sold for approximately $972.49 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 $40.65 and $45.53 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

A buy signal was issued from a pivot bottom point on Thursday, July 23, 2026, and so far it has risen 5.41%. Further rise is indicated until a new top pivot has been found. Direxion Daily India Bull 3X has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Direxion Daily India Bull 3X ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $44.14. On a fall, the ETF will find some support from the short-term average at $43.25. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

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

Direxion Daily India Bull 3X finds support from accumulated volume at $43.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $0.630 (1.45%) between high and low. For the last week, the ETF has had daily average volatility of 1.33%.

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

Trading Expectations (INDL) For The Upcoming Trading Day Of Tuesday 28th

For the upcoming trading day on Tuesday, 28th we expect Direxion Daily India Bull 3X ETF to open at $43.85, and during the day (based on 14 day Average True Range), to move between $43.59 and $44.53, which gives a possible trading interval of +/-$0.93 (+/-2.14%) 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 2.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $44.10 (0.09%) than the support at $43.18 (2.00%), 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 India Bull 3X ETF ETF A Buy?

Direxion Daily India Bull 3X holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -1.866 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 28, 2026 - $43.85 ( 0.477%).

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