Direxion Daily Utilities Bull 3x Shares ETF Forecast

Sell candidate since May 06, 2026 Loss -14.04%

The Direxion Daily Utilities Bull 3X Shares ETF price fell by -1.50% on the last day (Wednesday, 3rd Jun 2026) from $41.39 to $40.77. During the last trading day the ETF fluctuated 5.43% from a day low at $40.71 to a day high of $42.92. The price has been going up and down for this period, and there has been a -5.3% 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 -42 thousand shares and in total, 87 thousand shares were bought and sold for approximately $3.54 million.

The ETF lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -15.59% during the next 3 months and, with a 90% probability hold a price between $32.83 and $40.40 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

UTSL Signals & Forecast

There are mixed signals in the ETF today. The Direxion Daily Utilities 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 $42.73 and $45.99. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Monday, June 01, 2026, and so far it has risen 4.08%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

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

Direxion Daily Utilities Bull 3X Shares finds support from accumulated volume at $39.17 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 $2.21 between high and low, or 5.43%. For the last week, the ETF has had daily average volatility of 4.84%.

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

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

For the upcoming trading day on Thursday, 4th we expect Direxion Daily Utilities Bull 3X Shares to open at $41.47, and during the day (based on 14 day Average True Range), to move between $39.79 and $41.75, which gives a possible trading interval of +/-$1.96 (+/-4.94%) up or down from last closing price. If Direxion Daily Utilities Bull 3X Shares takes out the full calculated possible swing range there will be an estimated 4.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $39.17 (3.92%) than the resistance at $44.50 (9.15%), 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 Utilities Bull 3X Shares ETF A Buy?

Direxion Daily Utilities Bull 3X Shares 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.

Current score: -3.272 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $41.47 ( 1.71%).

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