Direxion Daily Mu Bull 2x Etf ETF Forecast

Buy or Hold candidate since Apr 09, 2026 Gain 486.31%

The Direxion Daily Mu Bull 2x Etf ETF price gained 16.87% on the last trading day (Thursday, 18th Jun 2026), rising from $924.16 to $1,080.08. During the last trading day the ETF fluctuated 9.62% from a day low at $1,012.77 to a day high of $1,110.16. The price has been going up and down for this period, and there has been a 19.8% gain for the last 2 weeks. Volume fell on the last day by -271 thousand shares and in total, 3 million shares were bought and sold for approximately $2.81 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the middle of a very wide and strong 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 320.70% during the next 3 months and, with a 90% probability hold a price between $3,238.59 and $5,168.42 at the end of this 3-month period.

MUU Signals & Forecast

The Direxion Daily Mu Bull 2x Etf 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 $896.69 and $678.83. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 05, 2026, and so far it has risen 63.32%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Direxion Daily Mu Bull 2x Etf ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $901.56 and $886.92. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Direxion Daily Mu Bull 2x Etf finds support just below today's level at $901.56. If this is broken, then the next support from accumulated volume will be at $886.92 and $856.74.

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 $97.39 between high and low, or 9.62%. For the last week, the ETF has had daily average volatility of 12.54%.

Our recommended stop-loss: $1,043.79 (-3.36%) (This ETF has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 9 days ago.)

Trading Expectations (MUU) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Direxion Daily Mu Bull 2x Etf to open at $1,067.67, and during the day (based on 14 day Average True Range), to move between $1,014.65 and $1,145.51, which gives a possible trading interval of +/-$130.85 (+/-12.90%) up or down from last closing price. If Direxion Daily Mu Bull 2x Etf takes out the full calculated possible swing range there will be an estimated 12.90% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $901.56, some $178.52 (16.53%) from the current price of $1,080.08, our system finds the risk reward attractive.

Is Direxion Daily Mu Bull 2x Etf ETF A Buy?

Direxion Daily Mu Bull 2x Etf holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 8.051 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 22, 2026 - $1,067.67 ( 1.15%).

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