Direxion Daily Ftse China Bear 3x Etf ETF Forecast

Sell candidate since Jul 14, 2026 Loss -3.42%

The Direxion Daily FTSE China Bear 3X ETF price gained 3.41% on the last trading day (Friday, 17th Jul 2026), rising from $31.13 to $32.19. During the last trading day the ETF fluctuated 2.30% from a day low at $32.15 to a day high of $32.89. The price has fallen in 6 of the last 10 days and is down by -18.79% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 472 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $34.77 million.

The ETF lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $31.33 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 38.55% during the next 3 months and, with a 90% probability hold a price between $43.40 and $59.73 at the end of this 3-month period.

YANG Signals & Forecast

Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Direxion Daily FTSE China Bear 3X 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 $33.03 and $33.95. 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 30, 2026, and so far it has fallen -21.01%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Direxion Daily FTSE China Bear 3X ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $30.24 and $29.79. 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 FTSE China Bear 3X finds support just below today's level at $30.24. If this is broken, then the next support from accumulated volume will be at $29.79 and $28.04.

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 $0.740 between high and low, or 2.30%. For the last week, the ETF has had daily average volatility of 2.94%.

Direxion Daily FTSE China Bear 3X is oversold on RSI14 (17). Some ETFS may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (YANG) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Direxion Daily FTSE China Bear 3X ETF to open at $32.41, and during the day (based on 14 day Average True Range), to move between $31.34 and $33.04, which gives a possible trading interval of +/-$1.70 (+/-5.41%) up or down from last closing price. If Direxion Daily FTSE China Bear 3X ETF takes out the full calculated possible swing range there will be an estimated 5.41% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $33.94 (5.44%) than the support at $30.24 (6.06%), 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 FTSE China Bear 3X ETF ETF A Buy?

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

Current score: -2.419 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 20, 2026 - $32.41 ( 0.683%).

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