Direxion Daily Ftse China Bull 3x Etf ETF Forecast

Hold candidate since Jul 15, 2026 Loss -1.29%

The Direxion Daily FTSE China Bull 3X ETF price fell by -3.35% on the last day (Friday, 17th Jul 2026) from $27.72 to $26.79. During the last trading day the ETF fluctuated 2.70% from a day low at $26.12 to a day high of $26.83. The price has risen in 6 of the last 10 days and is up by 21.33% over the past 2 weeks. Volume has increased on the last day by 303 thousand 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 $40.42 million.

The ETF lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $28.51 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -33.49% during the next 3 months and, with a 90% probability hold a price between $12.08 and $18.96 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.

YINN Signals & Forecast

The Direxion Daily FTSE China Bull 3X ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $26.20 and $26.45. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 26, 2026, and so far it has risen 24.90%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 FTSE China Bull 3X ETF

Direxion Daily FTSE China Bull 3X finds support from accumulated volume at $26.40 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 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 $0.705 between high and low, or 2.70%. For the last week, the ETF has had daily average volatility of 3.15%.

The Direxion Daily FTSE China Bull 3X ETF is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some ETFS may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the ETF manages to break the trend before that occurs.

Our recommended stop-loss: $26.15 (-2.38%) (This ETF has high daily movements and this gives high risk. The RSI14 is 81 and this increases the risk substantially. There is a buy signal from a pivot bottom found 14 days ago.)

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

For the upcoming trading day on Monday, 20th we expect Direxion Daily FTSE China Bull 3X ETF to open at $26.58, and during the day (based on 14 day Average True Range), to move between $26.14 and $27.44, which gives a possible trading interval of +/-$1.29 (+/-4.95%) up or down from last closing price. If Direxion Daily FTSE China Bull 3X ETF takes out the full calculated possible swing range there will be an estimated 4.95% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $26.40 (1.46%) than the resistance at $30.82 (15.04%), 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 FTSE China Bull 3X ETF ETF A Buy?

Direxion Daily FTSE China Bull 3X holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.948 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 20, 2026 - $26.58 ( 0.790%).

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