Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF Forecast

Buy candidate since Jul 16, 2026

The DIREXION DAILY HOMEBUILDERS & SUPPLIES ETF price gained 6.84% on the last trading day (Thursday, 16th Jul 2026), rising from $42.24 to $45.13. 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 8.25% from a day low at $41.84 to a day high of $45.29. The price has risen in 6 of the last 10 days but is still down by -6.47% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 391 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $47.09 million.

The ETF lies in the middle of a very wide and weak 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 4.94% during the next 3 months and, with a 90% probability hold a price between $34.28 and $56.62 at the end of this 3-month period.

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, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $41.67 and $43.40. 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 13.34%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. 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 HOMEBUILDERS & SUPPLIES ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $42.23 and $41.57. 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 HOMEBUILDERS & SUPPLIES finds support just below today's level at $42.23. If this is broken, then the next support from accumulated volume will be at $41.57 and $37.36.

This ETF may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $3.45 between high and low, or 8.25%. For the last week, the ETF has had daily average volatility of 6.79%.

Our recommended stop-loss: $43.19 (-4.30%) (This ETF has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (NAIL) For The Upcoming Trading Day Of Friday 17th

For the upcoming trading day on Friday, 17th we expect DIREXION DAILY HOMEBUILDERS & SUPPLIES BULL 3X SHARES to open at $44.09, and during the day (based on 14 day Average True Range), to move between $43.43 and $46.83, which gives a possible trading interval of +/-$3.39 (+/-7.81%) 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 7.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $46.80 (3.70%) than the support at $42.23 (6.43%), 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 HOMEBUILDERS & SUPPLIES BULL 3X SHARES ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for DIREXION DAILY HOMEBUILDERS & SUPPLIES ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.

Current score: 1.370 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 17, 2026 - $44.09 ( 2.31%).

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