Bullish Case: Positive sentiment outstrips bearish risk, slight week-on-week price increase and Helium AI's marginally higher volatility forecast could indicate emerging bullish trends for DPST.


Bearish Case: DPST's significant long-term underperformance, low trading volume at 3rd percentile, and nearly flat term volatility structure point towards persistent bearish pressures and lack of catalysts.


Potential Outcomes:

1) Short-term bullish reversal (20%);

2) Continued flat/sideways trading awaiting catalysts (50%);

3) Further downside if negative news emerges, given low volume (30%).


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April 03, 2024


Direxion Daily Regional Banks Bull 3X Shares Forecast

DPST        Direxion Daily Regional Banks Bull 3X Shares
Price Forecast: NEUTRAL    Price Action: RANDOM (?)










Correlated Stock Forecasts

Assets that tend to move strongly with DPST



KRE Forecast + Options Trading Strategies   KRE  SPDR S&P Regional Banking (0.95)


MCB Forecast + Options Trading Strategies   MCB  Metropolitan (0.9)


IAT Forecast + Options Trading Strategies   IAT  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (0.89)


FNB Forecast + Options Trading Strategies   FNB  F.N.B. (0.88)


CASH Forecast + Options Trading Strategies   CASH  Meta Financial (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to DPST



OPI Forecast + Options Trading Strategies   OPI  Office Properties Income (-0.0)


JNUG Forecast + Options Trading Strategies   JNUG  Direxion Daily Junior Gold Miners Index Bu (-0.0)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.0)


BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (-0.0)


EXPI Forecast + Options Trading Strategies   EXPI  eXp World (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against DPST



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.8)


REK Forecast + Options Trading Strategies   REK  ProShares Short Real Estate (-0.81)


HDGE Forecast + Options Trading Strategies   HDGE  Advisorshares Trust - Ranger Equity Bear (-0.81)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.82)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.82)





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