Direxion Daily Technology Bull 3x Shares ETF Forecast

Sell candidate since Jul 01, 2026 Loss -13.95%

The Direxion Daily Technology Bull 3X Shares ETF price fell by -6.99% on the last day (Thursday, 16th Jul 2026) from $197.13 to $183.36. During the last trading day the ETF fluctuated 5.43% from a day low at $180.06 to a day high of $189.83. The price has been going up and down for this period, and there has been a -13.95% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -107 thousand shares and in total, 914 thousand shares were bought and sold for approximately $167.64 million.

Given the current short-term trend, the ETF is expected to rise 28.74% during the next 3 months and, with a 90% probability hold a price between $236.06 and $395.23 at the end of this 3-month period.

TECL 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 Technology Bull 3X Shares ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $199.90 and $217.48. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -32.90%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Direxion Daily Technology Bull 3X Shares ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $148.75 and $146.26. 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 Technology Bull 3X Shares finds support just below today's level at $148.75. If this is broken, then the next support from accumulated volume will be at $146.26 and $142.03.

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 $9.77 between high and low, or 5.43%. For the last week, the ETF has had daily average volatility of 6.88%.

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

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

For the upcoming trading day on Friday, 17th we expect Direxion Daily Technology Bull 3X Shares to open at $184.42, and during the day (based on 14 day Average True Range), to move between $173.95 and $192.77, which gives a possible trading interval of +/-$18.83 (+/-10.82%) up or down from last closing price. If Direxion Daily Technology Bull 3X Shares takes out the full calculated possible swing range there will be an estimated 10.82% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $191.68 (4.54%) than the support at $148.75 (18.88%), 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 Technology Bull 3X Shares ETF A Buy?

The Direxion Daily Technology Bull 3X Shares ETF holds several negative signals and despite the positive trend, we believe Direxion Daily Technology Bull 3X Shares will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -3.034 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 17, 2026 - $184.42 ( 0.576%).

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