Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF)

Direxion Daily 20+ Year Treasury Bull 3X Shares is trading at $29.34, up 1.38% on the session. The 50 day average sits at $28.81 and the 200 day at $33.94, which puts the stock in a downtrend. RSI is at 62.8, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $29.45 with resistance near $29.99, so that band frames the current range. Average daily movement is roughly $0.81, or about 2.8% of the share price, which is what any stop placement has to allow for. The overall health score of 62 out of 100 combines a trend score of 23, momentum of 86 and a risk score of 89.

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.