Direxion Daily Mu Bull 2x Etf ETF Forecast

Sell candidate since Jul 14, 2026 Loss -28.31%

The Direxion Daily Mu Bull 2x Etf ETF price fell by -1.15% on the last day (Friday, 7th Aug 2026) from $26.93 to $26.62. During the last trading day the ETF fluctuated 14.26% from a day low at $24.79 to a day high of $28.32. The price has fallen in 6 of the last 10 days and is down by -14.87% 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 -7 million shares and in total, 35 million shares were bought and sold for approximately $942.70 million.

The ETF lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -9.29% during the next 3 months and, with a 90% probability hold a price between $15.19 and $52.98 at the end of this 3-month period.

MUU Signals & Forecast

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 Mu Bull 2x Etf ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $36.11. On a fall, the ETF will find some support from the short-term average at $26.20. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, June 22, 2026, and so far it has fallen -56.77%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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 $23.67 and $23.30. 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 $23.67. If this is broken, then the next support from accumulated volume will be at $23.30 and $22.14.

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 $3.54 between high and low, or 14.26%. For the last week, the ETF has had daily average volatility of 15.19%.

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

Trading Expectations (MUU) For The Upcoming Trading Day Of Monday 10th

For the upcoming trading day on Monday, 10th we expect Direxion Daily Mu Bull 2x Etf to open at $26.58, and during the day (based on 14 day Average True Range), to move between $23.79 and $29.45, which gives a possible trading interval of +/-$5.67 (+/-23.83%) 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 23.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $26.97 (1.31%) than the support at $23.67 (11.08%), 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 Mu Bull 2x Etf ETF A Buy?

Direxion Daily Mu Bull 2x Etf holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -4.965 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 10, 2026 - $26.58 ( 0.169%).

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