Direxion Daily 20-Yr Treasury B (TMF)

Direxion Daily 20-Yr Treasury B is trading at $29.81, down 0.13% on the session. The 50 day average sits at $33.45 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 37.7, which reads as weak, and MACD is bullish crossover. Volume is average.

The nearest support is around $30.21 with resistance near $31.93, so that band frames the current range. Average daily movement is roughly $0.68, or about 2.3% of the share price, which is what any stop placement has to allow for. The overall health score of 50 out of 100 combines a trend score of 28, momentum of 50 and a risk score of 85.

The fund, under normal circumstances, 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 market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than 20 years. The fund is non-diversified.