Direxion Daily Msci Mexico Bull 3x Shares ETF Forecast

Sell candidate since Jun 18, 2026 Loss -4.71%

The Direxion Daily MSCI Mexico Bull 3X ETF price fell by -4.71% on the last day (Monday, 22nd Jun 2026) from $31.23 to $29.76. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 5.02% from a day low at $29.47 to a day high of $30.95. The price has fallen in 6 of the last 10 days but is still up by 7.36% over the past 2 weeks. Volume has increased on the last day by 8 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, 18 thousand shares were bought and sold for approximately $522.88 thousand.

The ETF lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 3.18% during the next 3 months and, with a 90% probability hold a price between $28.06 and $36.19 at the end of this 3-month period.

MEXX Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, June 10, 2026, and so far it has risen 9.94%. 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. The Direxion Daily MSCI Mexico 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 $31.06 and $31.33. A break-up above any of these levels will issue buy signals. Direxion Daily MSCI Mexico Bull 3X gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

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

Direxion Daily MSCI Mexico Bull 3X finds support from accumulated volume at $29.11 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 $1.48 between high and low, or 5.02%. For the last week, the ETF has had daily average volatility of 4.93%.

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

Trading Expectations (MEXX) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Direxion Daily MSCI Mexico Bull 3X Shares to open at $30.06, and during the day (based on 14 day Average True Range), to move between $28.92 and $30.60, which gives a possible trading interval of +/-$1.68 (+/-5.82%) up or down from last closing price. If Direxion Daily MSCI Mexico Bull 3X Shares takes out the full calculated possible swing range there will be an estimated 5.82% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $29.94 (0.60%) than the support at $29.11 (2.18%), 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 MSCI Mexico Bull 3X Shares ETF A Buy?

The Direxion Daily MSCI Mexico Bull 3X ETF holds several negative signals and despite the positive trend, we believe Direxion Daily MSCI Mexico Bull 3X will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -1.569 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $30.06 ( 1.01%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk