Direxion Daily META Bull 2X ETF (METU)
NasdaqGM
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
Direxion Daily META Bull 2X ETF is trading at $20.20, up 2.07% on the session. The 50 day average sits at $21.81 and the 200 day at $26.67, which puts the stock in a downtrend. RSI is at 48.2, which reads as neutral, and MACD is bullish crossover. Volume is above average.
The nearest support is around $20.19 with resistance near $21.25, so that band frames the current range. Average daily movement is roughly $1.41, or about 7.0% of the share price, which is what any stop placement has to allow for. The overall health score of 36 out of 100 combines a trend score of 3, momentum of 62 and a risk score of 52.
Technical indicators
About Direxion Daily META Bull 2X ETF
The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of META and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to META, consistent with the fund’s investment objective. The fund is non-diversified.