Direxion Daily Panw Bull 2x Shares ETF Forecast

Buy or Hold candidate since Apr 21, 2026 Gain 158.79%

The Direxion Daily Panw Bull 2x Shares ETF price gained 3.14% on the last trading day (Tuesday, 23rd Jun 2026), rising from $36.96 to $38.12. During the last trading day the ETF fluctuated 6.98% from a day low at $35.86 to a day high of $38.37. The price has risen in 6 of the last 10 days and is up by 17.96% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 12 thousand more shares were traded than the day before. In total, 81 thousand shares were bought and sold for approximately $3.09 million.

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 177.43% during the next 3 months and, with a 90% probability hold a price between $89.38 and $136.01 at the end of this 3-month period.

PALU Signals & Forecast

The Direxion Daily Panw Bull 2x Shares 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 $36.52 and $30.10. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Monday, June 01, 2026, and so far it has fallen -8.01%. 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).

Support, Risk & Stop-loss for Direxion Daily Panw Bull 2x Shares ETF

Direxion Daily Panw Bull 2x Shares finds support from accumulated volume at $36.66 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 a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $2.50 between high and low, or 6.98%. For the last week, the ETF has had daily average volatility of 6.82%.

Our recommended stop-loss: $36.24 (-4.92%) (This ETF has high daily movements and this gives high risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (PALU) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Direxion Daily Panw Bull 2x Shares to open at $37.45, and during the day (based on 14 day Average True Range), to move between $36.72 and $39.52, which gives a possible trading interval of +/-$2.79 (+/-7.60%) up or down from last closing price. If Direxion Daily Panw Bull 2x Shares takes out the full calculated possible swing range there will be an estimated 7.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $36.66 (3.83%) than the resistance at $40.60 (6.51%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Dividend Warning For PALU

Notice for PALU: Ex-dividend date was Tuesday 23rd June, 2026. The dividend was $0.120.

Is Direxion Daily Panw Bull 2x 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 Panw Bull 2x Shares ETF to perform well in the short-term.

Current score: 2.543 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $37.45 ( 1.76%).

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