Direxion Daily Transportation Bull 3x Shares ETF Forecast

Buy candidate since May 22, 2026 Gain 7.81%

The Direxion Daily Transportation Bull 3X ETF price fell by -1.44% on the last day (Wednesday, 3rd Jun 2026) from $38.94 to $38.38. During the last trading day the ETF fluctuated 0.91% from a day low at $38.05 to a day high of $38.40. The price has risen in 6 of the last 10 days and is up by 14.7% over the past 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 -6 thousand shares and in total, 8 thousand shares were bought and sold for approximately $299.94 thousand.

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 30.79% during the next 3 months and, with a 90% probability hold a price between $42.78 and $53.02 at the end of this 3-month period.

TPOR Signals & Forecast

The Direxion Daily Transportation Bull 3X 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 $38.86. On a fall, the ETF will find some support from the long-term average at approximately $35.81. 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 Wednesday, May 27, 2026, and so far it has fallen -3.52%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk.

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

On the downside, the ETF finds support just below today's level from accumulated volume at $35.49 and $31.35. 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 Transportation Bull 3X finds support just below today's level at $35.49. If this is broken, then the next support from accumulated volume will be at $31.35 and $31.22.

This ETF may move much during the day (volatility) and with periodic low trading volume this ETF is considered to be "high risk". During the last day, the ETF moved $0.345 between high and low, or 0.91%. For the last week the ETF has had daily average volatility of 3.13%.

Our recommended stop-loss: $36.59 (-4.68%) (This ETF has high daily movements and this gives high risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (TPOR) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Direxion Daily Transportation Bull 3X Shares to open at $38.28, and during the day (based on 14 day Average True Range), to move between $37.54 and $39.22, which gives a possible trading interval of +/-$1.68 (+/-4.47%) up or down from last closing price. If Direxion Daily Transportation Bull 3X Shares takes out the full calculated possible swing range there will be an estimated 4.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $38.79 (1.07%) than the support at $35.49 (7.53%), 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 Transportation 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 Transportation Bull 3X ETF to perform well in the short-term.

Current score: 1.900 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $38.28 ( 0.274%).

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