Direxion Daily Technical Analysis Overview

MIDU -- USA Etf  

USD 45.02  2.50  5.88%

Direxion Daily Mid Cap Bull 3X ETF shows Coefficient Of Variation of 356.99 and Mean Deviation of 1.99. In respect to Fundamental Indicators, Macroaxis technical analysis interface provides you with the way to check existing technical drivers of Direxion Daily as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Direxion Daily Mid Cap Bull 3X ETF which can be compared to its rivals. Please confirm Direxion Daily Mid Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Direxion Daily Mid is priced favorably providing market reflects its regular price of 45.02 per share.
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Direxion Daily Mid Technical Analysis

Time Period
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The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Direxion Daily Mid volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Direxion Daily Mid Trend Analysis

Use this graph to draw trend lines for Direxion Daily Mid Cap Bull 3X ETF. You can use it to identify possible trend reversals for Direxion Daily as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Direxion Daily price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Direxion Daily Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Direxion Daily Mid Cap Bull 3X ETF applied against its price change over selected period. The best fit line has a slop of 0.73 % which may suggest that Direxion Daily Mid Cap Bull 3X ETF market price will keep on failing further. It has 34 observation points and a regression sum of squares at 432.8, which is the sum of squared deviations for the predicted Direxion Daily price change compared to its average price change.

Current Sentiment - MIDU

Direxion Daily Mid Investor Sentiment

Most of Macroaxis users are now bullish on Direxion Daily Mid Cap Bull 3X ETF. What is your opinion about investing in Direxion Daily Mid Cap Bull 3X ETF? Are you bullish or bearish?
98% Bullish
2% Bearish

Direxion Daily Mid One Year Return

Based on recorded statements Direxion Daily Mid Cap Bull 3X ETF has One Year Return of 56%. This is 431.22% lower than that of the Direxion Funds family, and 401.93% lower than that of Trading--Leveraged Equity category, The One Year Return for all etfs is 4649.6% lower than the firm.
  Year Return 
      Direxion Daily Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Direxion Daily Market Strength

Direxion Daily October 17, 2018 Daily Price Condition

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