Direxion Shares Etf Price Patterns

TSLL Etf  USD 17.11  1.05  6.54%   
As of now, the relative strength momentum indicator of Direxion Shares' share price is approaching 42. This usually implies that the etf is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Direxion Shares, making its price go up or down.

Momentum 42

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Direxion Shares' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Direxion Shares and does not consider all of the tangible or intangible factors available from Direxion Shares' fundamental data. We analyze noise-free headlines and recent hype associated with Direxion Shares ETF, which may create opportunities for some arbitrage if properly timed.
Using Direxion Shares hype-based prediction, you can estimate the value of Direxion Shares ETF from the perspective of Direxion Shares response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Direxion Shares to buy its etf at a price that has no basis in reality. In that case, they are not buying Direxion because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Direxion Shares after-hype prediction price

    
  USD 17.11  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Direxion Shares Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
10.8416.1221.40
Details
Naive
Forecast
LowNextHigh
12.6117.8923.17
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.1218.0319.94
Details

Direxion Shares After-Hype Price Density Analysis

As far as predicting the price of Direxion Shares at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Direxion Shares or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of Direxion Shares, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Direxion Shares Estimiated After-Hype Price Volatility

In the context of predicting Direxion Shares' etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Direxion Shares' historical news coverage. Direxion Shares' after-hype downside and upside margins for the prediction period are 11.83 and 22.39, respectively. We have considered Direxion Shares' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
17.11
17.11
After-hype Price
22.39
Upside
Direxion Shares is somewhat reliable at this time. Analysis and calculation of next after-hype price of Direxion Shares ETF is based on 3 months time horizon.

Direxion Shares Etf Price Outlook Analysis

Have you ever been surprised when a price of a ETF such as Direxion Shares is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Direxion Shares backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Direxion Shares, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.26 
5.28
 0.00  
  0.03 
0 Events / Month
3 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
17.11
17.11
0.00 
0.00  
Notes

Direxion Shares Hype Timeline

Direxion Shares ETF is at this time traded for 17.11. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. Direxion is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at -0.26%. %. The volatility of related hype on Direxion Shares is about 4327.87%, with the expected price after the next announcement by competition of 17.14. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be within a week.
Check out Direxion Shares Basic Forecasting Models to cross-verify your projections.

Direxion Shares Related Hype Analysis

Having access to credible news sources related to Direxion Shares' direct competition is more important than ever and may enhance your ability to predict Direxion Shares' future price movements. Getting to know how Direxion Shares' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Direxion Shares may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
FNDASchwab Fundamental Small 0.14 7 per month 0.84  0.05  1.96 (1.46) 4.62 
USOUnited States Oil 0.00 0 per month 1.51  0.07  2.97 (2.44) 6.13 
JIREJP Morgan Exchange Traded(0.01)5 per month 0.65  0.09  1.25 (1.19) 3.36 
FVDFirst Trust Value(0.04)2 per month 0.44  0.04  1.10 (0.82) 2.33 
IJKiShares SP Mid Cap 0.35 8 per month 0.86  0.01  1.71 (1.51) 3.66 
VENAXVanguard Energy Index 0.00 0 per month 0.93  0.16  2.19 (1.46) 5.09 
SDVYFirst Trust SMID 0.33 11 per month 0.58  0.07  2.13 (1.26) 3.67 
PBUSInvesco PureBeta MSCI 0.00 0 per month 0.78 (0.03) 0.99 (1.18) 3.63 
BBCAJPMorgan BetaBuilders Canada 0.45 3 per month 1.00  0.08  1.21 (1.26) 3.32 
ONEQFidelity Nasdaq Composite 0.00 0 per month 0.00 (0.06) 1.35 (1.93) 4.97 

Direxion Shares Additional Predictive Modules

Most predictive techniques to examine Direxion price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Direxion using various technical indicators. When you analyze Direxion charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Direxion Shares Predictive Indicators

The successful prediction of Direxion Shares stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Direxion Shares ETF, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Direxion Shares based on analysis of Direxion Shares hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Direxion Shares's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Direxion Shares's related companies.

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When determining whether Direxion Shares ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Direxion Shares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Direxion Shares Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Direxion Shares Etf:
Check out Direxion Shares Basic Forecasting Models to cross-verify your projections.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Direxion Shares ETF is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Shares' value that differs from its market value or its book value, called intrinsic value, which is Direxion Shares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Shares' market value can be influenced by many factors that don't directly affect Direxion Shares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Direxion Shares' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.