Direxion Daily Regional Banks Bull 3X Shares (DPST)

Direxion Daily Regional Banks Bull 3X Shares is trading at $119.80, down 2.09% on the session. The 50 day average sits at $126.74 and the 200 day at $121.63, which puts the stock in a uptrend. RSI is at 38.9, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $104.52 with resistance near $118.40, so that band frames the current range. Average daily movement is roughly $5.84, or about 4.9% of the share price, which is what any stop placement has to allow for. The overall health score of 44 out of 100 combines a trend score of 50, momentum of 45 and a risk score of 34.

The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is a modified equal-weighted index that is designed to measure performance of the stocks comprising the S&P Total Market Index that are classified in the GICS regional banks sub-industry. The fund is non-diversified.