
Technical analysis of Direxion Daily Technology Bull 3X Shares (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
TECL is a fund that tracks with 3X daily leverage the performance of an index of U.S. technology companies, investing at least 80% of its net assets in financial instruments such as swap agreements, index securities, and ETFs that track the index. The fund is non-diversified and uses derivative instruments to obtain leveraged exposure to the technology sector.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 4, 2026, computed on the last 12 months of prices.
21 sessions
202.66 $
+1.31%
50 sessions
196.72 $
+4.37%
200 sessions
152.20 $
+34.90%
s2
186.25
Support
s1
193.77
Support
pivot
198.02
Pivot
r1
205.54
Resistance
r2
209.79
Resistance
In the September 4, 2026 session Direxion Daily Technology Bull 3X Shares closed higher at 205.32 $, +2.00% versus the previous session.
The price sits above every moving average observed: +1.31% against the 21-session average, +4.37% against the 50 and +34.90% against the 200.
The 14-period RSI reads 53.6, in neutral territory.
MACD stands at 0.750 against a signal line at 0.643: the histogram is positive (+0.107).
ADX reads 11.7, indicating weak directionality.
Levels computed on the latest session place supports at 193.77 and 186.25 $ and resistances at 205.54 and 209.79 $, around a pivot of 198.02.
The average daily range (ATR) is 11.515 $, or 5.61% of price.
Turnover was 453.3K shares, 95% of the 20-session average.
Over the last twelve months the price ranged between 75.09 and 275.16 $, and today stands −25.38% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Direxion Daily Technology Bull 3X Shares analysed technically?
Technical analysis of Direxion Daily Technology Bull 3X Shares is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Direxion Daily Technology Bull 3X Shares?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Direxion Daily Technology Bull 3X Shares?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Direxion Daily Technology Bull 3X Shares it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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