Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
DRIP is Up +7.16% today
You might want to check out Why is DRIP Up Today?
Why Is Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) Stock Down Today?
Live update on DRIP's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Summary
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) is trading up +7.16% at $10.03, reflecting a positive shift in investor sentiment today. The stock opened at $9.46 and has moved between $9.46 and $10.13 so far.
Trading volume is 1821172, which is 11% above its average, and the price action suggests buying interest.
Technically, DRIP is trading above its 50-day moving average of $9.66 and below its 200-day moving average of $10.64, indicating short-term strength but long-term weakness.
Meyka's AI assigns DRIP a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +5.58% in 1 month ($10.59), -51.03% in 1 year ($4.91), and -50.98% in 5 years ($4.92).
In context, the broader Financial Services sector is down -1.10% today, which may be contributing to the move.
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.
DRIP Technical Signals
Trading over 50-day moving average ($9.66)
Trading below 200-day moving average ($10.64)
Sector Context
The Financial Services sector is down -1.10% today, with the Asset Management - Leveraged industry contributing to the decline. This broader context may be weighing on the stock's performance.
Price Forecast
1 Month
$10.59
1 Year
$4.91
3 Years
$4.97
5 Years
$4.92
Is this change significant?
5-Day:+9.17%
1-Month:+18.24%
3-Month:+50.71%
What's next?
Next earnings date: 7/30/2025