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Direxion Daily Mid Technical Analysis
Direxion Daily Mid Trend AnalysisUse 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 LineThe 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.
Direxion Daily Mid One Year Return