Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF Forecast

Buy or Hold candidate since Jun 18, 2026 Gain 16.74%

The DIREXION DAILY HOMEBUILDERS & SUPPLIES ETF price gained 1.64% on the last trading day (Friday, 26th Jun 2026), rising from $52.55 to $53.41. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 3.76% from a day low at $52.08 to a day high of $54.04. The price has risen in 6 of the last 10 days and is up by 21.44% over the past 2 weeks. Volume fell on the last day by -2 million shares and in total, 6 thousand shares were bought and sold for approximately $297.60 thousand. 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 has broken the very wide and weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $52.35, a level that may pose a second chance to hit a runner. According to fan-theory $72.86 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

NAIL Signals & Forecast

The DIREXION DAILY HOMEBUILDERS & SUPPLIES 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 $47.27 and $39.84. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, May 19, 2026, and so far it has risen 72.07%. 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for DIREXION DAILY HOMEBUILDERS & SUPPLIES ETF

DIREXION DAILY HOMEBUILDERS & SUPPLIES finds support from accumulated volume at $51.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF may move much during the day (volatility) and with periodic low trading volume this ETF is considered to be "high risk". During the last day, the ETF moved $1.96 between high and low, or 3.76%. For the last week the ETF has had daily average volatility of 8.42%.

Our recommended stop-loss: $51.76 (-3.08%) (This ETF has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 26 days ago.)

Trading Expectations (NAIL) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect DIREXION DAILY HOMEBUILDERS & SUPPLIES BULL 3X SHARES to open at $53.18, and during the day (based on 14 day Average True Range), to move between $51.56 and $55.26, which gives a possible trading interval of +/-$3.70 (+/-7.18%) up or down from last closing price. If DIREXION DAILY HOMEBUILDERS & SUPPLIES BULL 3X SHARES takes out the full calculated possible swing range there will be an estimated 7.18% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $51.20, some $2.21 (4.14%) from the current price of $53.41, our system finds the risk reward attractive.

Is DIREXION DAILY HOMEBUILDERS & SUPPLIES BULL 3X SHARES ETF A Buy?

DIREXION DAILY HOMEBUILDERS & SUPPLIES holds several positive signals and has broken the weak rising trend up. As the ETF is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 6.188 Strong Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 29, 2026 - $53.18 ( 0.437%).

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