Direxion Daily S&p500 Bull 3x Etf ETF Forecast

Sell candidate since Jul 02, 2026

The Direxion Daily S&P500 Bull 3X ETF price fell by -0.437% on the last day (Thursday, 2nd Jul 2026) from $269.99 to $268.81. During the last trading day the ETF fluctuated 4.62% from a day low at $263.57 to a day high of $275.75. The price has fallen in 6 of the last 10 days but is still up by 1.46% over the past 2 weeks. Volume has increased on the last day by 1 million 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, 3 million shares were bought and sold for approximately $720.86 million.

The ETF lies in the middle of a 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 23.38% during the next 3 months and, with a 90% probability hold a price between $308.14 and $380.17 at the end of this 3-month period.

SPXL Signals & Forecast

There are mixed signals in the ETF today. The Direxion Daily S&P500 Bull 3X ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $269.98. On a fall, the ETF will find some support from the short-term average at $263.13. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -6.67%. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Direxion Daily S&P500 Bull 3X ETF

Direxion Daily S&P500 Bull 3X finds support from accumulated volume at $262.56 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $12.18 between high and low, or 4.62%. For the last week, the ETF has had daily average volatility of 3.64%.

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

Trading Expectations (SPXL) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Direxion Daily S&P500 Bull 3X ETF to open at $269.38, and during the day (based on 14 day Average True Range), to move between $263.65 and $273.97, which gives a possible trading interval of +/-$10.32 (+/-3.92%) up or down from last closing price. If Direxion Daily S&P500 Bull 3X ETF takes out the full calculated possible swing range there will be an estimated 3.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $270.24 (0.53%) than the support at $262.56 (2.33%), 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 S&P500 Bull 3X ETF ETF A Buy?

Direxion Daily S&P500 Bull 3X holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, 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 Hold to a Sell candidate.

Current score: -4.750 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on July 6, 2026 - $269.38 ( 0.211%).

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