Direxion Daily Mid Cap Bull 3x Shares ETF Forecast

Hold candidate since Jul 20, 2026

The Direxion Daily Mid Cap Bull 3X Shares ETF price fell by -2.52% on the last day (Monday, 20th Jul 2026) from $69.79 to $68.03. During the last trading day the ETF fluctuated 4.21% from a day low at $68.02 to a day high of $70.89. The price has fallen in 6 of the last 10 days and is down by -6.11% for this period. 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 -679 shares and in total, 6 thousand shares were bought and sold for approximately $410.90 thousand.

The ETF lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $66.22 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 13.06% during the next 3 months and, with a 90% probability hold a price between $74.87 and $86.76 at the end of this 3-month period.

MIDU Signals & Forecast

There are few to no technical positive signals at the moment. The Direxion Daily Mid Cap Bull 3X Shares 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 $69.78 and $70.29. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 30, 2026, and so far it has fallen -9.11%. 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 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 Mid Cap Bull 3X Shares ETF

Direxion Daily Mid Cap Bull 3X Shares finds support from accumulated volume at $66.41 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the ETF. During the last day, the ETF moved $2.87 between high and low, or 4.21%. For the last week the ETF has had daily average volatility of 3.10%.

Our recommended stop-loss: $64.26 (-5.54%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (MIDU) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Direxion Daily Mid Cap Bull 3X Shares to open at $68.98, and during the day (based on 14 day Average True Range), to move between $66.70 and $69.36, which gives a possible trading interval of +/-$2.67 (+/-4.00%) up or down from last closing price. If Direxion Daily Mid Cap Bull 3X Shares takes out the full calculated possible swing range there will be an estimated 4.00% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $68.46 (0.63%) than the support at $66.41 (2.38%), 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 Mid Cap Bull 3X Shares ETF A Buy?

Direxion Daily Mid Cap Bull 3X Shares holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.

Current score: -0.674 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 21, 2026 - $68.98 ( 1.39%).

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