Direxion Daily Technology Bull 3x Shares ETF Forecast

Buy or Hold candidate since Apr 08, 2026 Gain 94.65%

The Direxion Daily Technology Bull 3X Shares ETF price fell by -19.93% on the last day (Friday, 5th Jun 2026) from $253.01 to $202.59. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 18.32% from a day low at $200.26 to a day high of $236.94. The price has risen in 6 of the last 10 days and is up by 0.48% 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, 2 million shares were bought and sold for approximately $483.45 million.

Given the current short-term trend, the ETF is expected to rise 155.54% during the next 3 months and, with a 90% probability hold a price between $517.69 and $719.17 at the end of this 3-month period.

TECL Signals & Forecast

The Direxion Daily Technology Bull 3X Shares ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $247.61. On a fall, the ETF will find some support from the long-term average at approximately $187.85. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -25.87%. 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 Technology Bull 3X Shares ETF

Direxion Daily Technology Bull 3X Shares finds support from accumulated volume at $193.09 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 very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this ETF is considered to be "very high risk". During the last day, the ETF moved $36.68 between high and low, or 18.32%. For the last week, the ETF has had daily average volatility of 8.91%.

Our recommended stop-loss: $192.54 (-4.96%) (This ETF has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (TECL) For The Upcoming Trading Day Of Monday 8th

For the upcoming trading day on Monday, 8th we expect Direxion Daily Technology Bull 3X Shares to open at $213.26, and during the day (based on 14 day Average True Range), to move between $194.15 and $211.03, which gives a possible trading interval of +/-$16.88 (+/-8.69%) 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 8.69% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $193.09 (4.69%) than the resistance at $224.06 (10.60%), 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 Technology Bull 3X 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 Technology Bull 3X Shares ETF to perform well in the short-term.

Current score: 1.656 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 8, 2026 - $213.26 ( 5.27%).

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