Direxion Dly S&p Oil&gs Ex&prd Br 3x Etf ETF Forecast

Hold candidate since Jul 15, 2026

The Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF price gained 910.43% on the last trading day (Wednesday, 15th Jul 2026), rising from $4.60 to $46.48. During the last trading day the ETF fluctuated 4.82% from a day low at $45.65 to a day high of $47.85. The price has been going up and down for this period, and there has been a 768.79% gain for the last 2 weeks. Volume fell on the last day by -27 million shares and in total, 513 thousand shares were bought and sold for approximately $23.83 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF has broken the very wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $9.75, a level that may pose a second chance to hit a runner.

DRIP Signals & Forecast

The Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $10.82 and $6.17. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, July 14, 2026, and so far it has risen 910.43%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely.

Support, Risk & Stop-loss for Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF

There is no support from accumulated volume below today's level and given the right condition the ETF may perform very badly in the next couple of days.

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 $2.20 between high and low, or 4.82%. For the last week, the ETF has had daily average volatility of 4.75%.

The Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF is extremely overbought on RSI14 (97). Normally this may pose a good selling opportunity but since the ETF has broken the trend up, the chance for a major correction due to high RSI is very small as the ETF will find support at the trend broken.

Our recommended stop-loss: $45.29 (-2.56%) (This ETF has medium daily movements and this gives medium risk. The RSI14 is 97 and this increases the risk substantially. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (DRIP) For The Upcoming Trading Day Of Thursday 16th

For the upcoming trading day on Thursday, 16th we expect Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF to open at $46.66, and during the day (based on 14 day Average True Range), to move between $44.81 and $48.15, which gives a possible trading interval of +/-$3.33 (+/-7.43%) up or down from last closing price. If Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF takes out the full calculated possible swing range there will be an estimated 7.43% move between the lowest and the highest trading price during the day.

Is Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF ETF A Buy?

Direxion Dly S&P Oil&Gs Ex&Prd Br 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. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.

Current score: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on July 16, 2026 - $46.66 ( 0.387%).

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