Direxion Daily Pharmaceutical & Medical Bull 3x Shares ETF Forecast

Buy or Hold candidate since Jun 10, 2026 Gain 20.21%

The DIREXION DAILY PHARMACEUTICAL & MEDICAL ETF price gained 5.04% on the last trading day (Monday, 22nd Jun 2026), rising from $14.10 to $14.81. 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 3.21% from a day low at $14.63 to a day high of $15.10. The price has risen in 7 of the last 10 days and is up by 27.67% 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, 60 thousand shares were bought and sold for approximately $888.62 thousand.

The ETF lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $15.53 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 20.93% during the next 3 months and, with a 90% probability hold a price between $13.80 and $18.79 at the end of this 3-month period.

PILL Signals & Forecast

The DIREXION DAILY PHARMACEUTICAL & MEDICAL 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 $13.78 and $12.61. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, June 02, 2026, and so far it has risen 36.50%. 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). DIREXION DAILY PHARMACEUTICAL & MEDICAL has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for DIREXION DAILY PHARMACEUTICAL & MEDICAL ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $13.21 and $12.08. 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 PHARMACEUTICAL & MEDICAL finds support just below today's level at $13.21. If this is broken, then the next support from accumulated volume will be at $12.08 and $11.60.

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 $0.470 between high and low, or 3.21%. For the last week, the ETF has had daily average volatility of 4.89%.

Our recommended stop-loss: $14.29 (-3.52%) (This ETF has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 13 days ago.)

Trading Expectations (PILL) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect DIREXION DAILY PHARMACEUTICAL & MEDICAL BULL 3X SHARES to open at $14.84, and during the day (based on 14 day Average True Range), to move between $14.43 and $15.19, which gives a possible trading interval of +/-$0.759 (+/-5.26%) up or down from last closing price. If DIREXION DAILY PHARMACEUTICAL & MEDICAL BULL 3X SHARES takes out the full calculated possible swing range there will be an estimated 5.26% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $13.21, some $1.60 (10.80%) from the current price of $14.81, our system finds the risk reward attractive.

Is DIREXION DAILY PHARMACEUTICAL & MEDICAL BULL 3X SHARES ETF A Buy?

DIREXION DAILY PHARMACEUTICAL & MEDICAL holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $14.84 ( 0.225%).

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