Direxion Daily S&p 500 Bull 2x Shares ETF Forecast

Sell candidate since Jul 17, 2026

The Direxion Daily S&P 500 Bull 2X Shares ETF price fell by -2.09% on the last day (Friday, 17th Jul 2026) from $216.92 to $212.39. During the last trading day the ETF fluctuated 1.72% from a day low at $211.21 to a day high of $214.85. The price has been going up and down for this period, and there has been a -0.59% loss for the last 2 weeks. Volume has increased on the last day by 29 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 42 thousand shares were bought and sold for approximately $8.88 million.

The ETF lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $210.14 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 7.72% during the next 3 months and, with a 90% probability hold a price between $226.36 and $249.29 at the end of this 3-month period.

SPUU 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 S&P 500 Bull 2X Shares ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. On corrections up, there will be some resistance from the lines at $217.00 and $214.74. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, July 10, 2026, and so far it has fallen -3.24%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.

Support, Risk & Stop-loss for Direxion Daily S&P 500 Bull 2X Shares ETF

Direxion Daily S&P 500 Bull 2X Shares finds support from accumulated volume at $211.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $3.64 between high and low, or 1.72%. For the last week the ETF has had daily average volatility of 1.52%.

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

Trading Expectations (SPUU) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Direxion Daily S&P 500 Bull 2X Shares to open at $212.82, and during the day (based on 14 day Average True Range), to move between $210.19 and $214.59, which gives a possible trading interval of +/-$4.40 (+/-2.10%) up or down from last closing price. If Direxion Daily S&P 500 Bull 2X Shares takes out the full calculated possible swing range there will be an estimated 2.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $211.50 (0.42%) than the resistance at $214.60 (1.04%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Direxion Daily S&P 500 Bull 2X Shares ETF A Buy?

The Direxion Daily S&P 500 Bull 2X Shares ETF holds several negative signals and despite the positive trend, we believe Direxion Daily S&P 500 Bull 2X Shares will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. 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 Sell candidate.

Current score: -3.109 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on July 20, 2026 - $212.82 ( 0.201%).

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