TECS Company Profile and Key Details

Direxion Daily Technology Bear 3X ETF last paid a dividend of 5.5 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.00.

Short-term trend indicators are mixed aligned (SMA20 -0.54%, SMA50 2.94%, SMA200 -18.74%). The stock’s 14-day RSI is 50.72 (neutral), while the ATR of 1.19 points to moderate volatility. The stock remains sitting in the mid-range of its 52-week band, trading -82.39% below its high and over 20.01% above its low. Average 10-day trading volume of 372.73 thousand shares is below the 3-month average of 590.48 thousand, indicating normal recent market interest.

Direxion Daily Technology Bear 3X ETF (AMEX:TECS) closed at $59.99 USD, losing -$2.35 (-3.77%) from the previous close of $62.34. The stock is currently mid-range between its 52-week high and low $56.64 and $240.40. With a market capitalization of about $77.53 million, Direxion Daily Technology Bear 3X ETF is classified as a micro-cap and shows lower-than-market volatility (beta ~-3.67). Key stats such as the average daily volume over the past year has been around 594.87 thousand shares, in line with its 52-week average. Headquartered in New York City, NY, Direxion Daily Technology Bear 3X ETF operates in the Financial Services sector and the Asset Management - Leveraged industry. These Direxion Daily Technology Bull and Bear 3X ETFs are designed to generate daily returns that, before accounting for fees and charges, either amplify (300%) or inversely multiply (300%) the performance of the Technology Select Sector Index.

currently trading near 52-week highs band.

Our AI price prediction model suggests that Direxion Daily Technology Bear 3X ETF stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.