Direxion Daily Msci Mexico Bull 3x Shares ETF Forecast

Hold candidate since Jul 30, 2026 Loss -1.23%

The Direxion Daily MSCI Mexico Bull 3X ETF price fell by -1.23% on the last day (Friday, 31st Jul 2026) from $30.00 to $29.63. During the last trading day the ETF fluctuated 3.53% from a day low at $29.56 to a day high of $30.61. The price has risen in 7 of the last 10 days and is up by 6.09% over the past 2 weeks. Volume has increased on the last day by 6 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, 17 thousand shares were bought and sold for approximately $491.30 thousand.

The ETF lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $30.23 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -14.11% during the next 3 months and, with a 90% probability hold a price between $20.80 and $25.96 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

MEXX Signals & Forecast

The Direxion Daily MSCI Mexico Bull 3X ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $29.10 and $28.99. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, July 08, 2026, and so far it has risen 10.42%. 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. 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 $29.45 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 $1.04 between high and low, or 3.53%. For the last week, the ETF has had daily average volatility of 4.13%.

Our recommended stop-loss: $28.41 (-4.12%) (This ETF has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 17 days ago.)

Trading Expectations (MEXX) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Direxion Daily MSCI Mexico Bull 3X Shares to open at $29.93, and during the day (based on 14 day Average True Range), to move between $28.99 and $30.27, which gives a possible trading interval of +/-$1.28 (+/-4.43%) 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 4.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $29.45 (0.61%) than the resistance at $30.59 (3.24%), 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 Mexico Bull 3X Shares ETF A Buy?

Direxion Daily MSCI Mexico Bull 3X holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.089 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $29.93 ( 1.02%).

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