(AAPU) Direxion Daily AAPL - Ratings and Ratios

The Direxion Daily AAPL Bull 1.5X Shares (NASDAQ: AAPU) is a leveraged exchange-traded fund (ETF) designed to provide 1.5X daily returns of Apple Inc. (AAPL). Under normal market conditions, the fund allocates at least 80% of its net assets (including borrowings for investment purposes) to securities of AAPL and financial derivatives, such as swap agreements and options, to achieve its daily leveraged exposure. The fund is non-diversified, meaning it can concentrate its holdings in a smaller number of securities, and its performance is directly tied to the price movements of AAPL. The funds index is Apple Inc. (150%).

As of the latest data, AAPU has an average trading volume of 955,749 shares over the past 20 days, with a last price of $32.42. The funds technical indicators show a 20-day simple moving average (SMA) of $33.53, a 50-day SMA of $34.02, and a 200-day SMA of $31.75. The Average True Range (ATR) is $1.65, indicating moderate volatility. The funds assets under management (AUM) total $77.74 million, reflecting its niche appeal as a leveraged equity product.

3-Month Forecast (Based on Technical and Fundamental Data): - Technical Outlook: The funds price is currently below its 20-day and 50-day SMAs, suggesting bearish momentum in the short term. However, the 200-day SMA is below the current price, indicating longer-term bullish trends. The ATR of $1.65 suggests moderate volatility, with potential price fluctuations of 5-7% over the next month. - Fundamental Outlook: Apple Inc.s (AAPL) performance will remain the primary driver of AAPUs returns. If AAPL continues its upward trajectory, AAPU could see gains of 10-15% over the next three months. However, if AAPL experiences a correction, AAPUs leveraged structure could amplify losses by 10-15%. The funds AUM of $77.74 million indicates moderate liquidity, which may lead to larger price swings during periods of high volatility.