Direxion Daily Msci South Korea Bull 3x Shares ETF Forecast

Sell candidate since Jun 23, 2026 Loss -22.17%

The DIREXION DAILY MSCI SOUTH KOREA BULL 3X ETF price fell by -12.78% on the last day (Tuesday, 7th Jul 2026) from $624.65 to $544.83. During the last trading day the ETF fluctuated 12.84% from a day low at $502.26 to a day high of $566.75. The price has fallen in 6 of the last 10 days and is down by -49.95% for this period. Volume has increased on the last day by 628 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately $762.83 million.

Given the current short-term trend, the ETF is expected to rise 37.43% during the next 3 months and, with a 90% probability hold a price between $748.73 and $1,946.89 at the end of this 3-month period.

KORU Signals & Forecast

There are few to no technical positive signals at the moment. The DIREXION DAILY MSCI SOUTH KOREA BULL 3X ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $652.76 and $846.13. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 01, 2026, and so far it has fallen -56.93%. 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 rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.

Support, Risk & Stop-loss for DIREXION DAILY MSCI SOUTH KOREA BULL 3X ETF

DIREXION DAILY MSCI SOUTH KOREA BULL 3X finds support from accumulated volume at $541.43 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this ETF is considered to be "very high risk". During the last day, the ETF moved $64.49 between high and low, or 12.84%. For the last week, the ETF has had daily average volatility of 13.25%.

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

Trading Expectations (KORU) For The Upcoming Trading Day Of Wednesday 8th

For the upcoming trading day on Wednesday, 8th we expect DIREXION DAILY MSCI SOUTH KOREA BULL 3X SHARES to open at $537.95, and during the day (based on 14 day Average True Range), to move between $474.57 and $615.09, which gives a possible trading interval of +/-$140.53 (+/-29.61%) up or down from last closing price. If DIREXION DAILY MSCI SOUTH KOREA BULL 3X SHARES takes out the full calculated possible swing range there will be an estimated 29.61% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $541.43 (0.62%) than the resistance at $600.01 (10.13%), 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 MSCI SOUTH KOREA BULL 3X SHARES ETF A Buy?

The DIREXION DAILY MSCI SOUTH KOREA BULL 3X ETF holds several negative signals and despite the positive trend, we believe DIREXION DAILY MSCI SOUTH KOREA BULL 3X will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -4.031 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 8, 2026 - $537.95 ( 1.26%).

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