(GUSH) Direxion Daily S&P Oil Gas - Ratings and Ratios

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) is a leveraged ETF designed to provide 2X daily returns of the S&P Oil & Gas Exploration & Production Select Industry Index. The index tracks U.S. companies in the oil and gas exploration, production, refining, and marketing sectors, as classified by GICS. The fund achieves its 2X leverage through a combination of swap agreements, ETFs, and securities tied to the index, with at least 80% of its net assets allocated to these instruments. It is classified as a non-diversified fund, meaning it can concentrate its holdings in a smaller number of securities. For more information, visit http://www.direxionfunds.com.

Ticker Symbol: GUSH | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: Trading--Leveraged Equity.

Based on the provided and , here is a 3-month forecast for GUSH:

3-Month Forecast: GUSH is currently trading below its 20, 50, and 200-day SMAs, indicating bearish momentum. With an ATR of 1.29, the fund is expected to maintain its volatility. If oil prices rebound due to supply constraints or geopolitical tensions, GUSH could rally toward its 50-day SMA of 29.07. Conversely, if oil prices decline due to increased production or weaker demand, GUSH may test its recent lows. The funds AUM of $263.92M suggests moderate liquidity, which could amplify price movements in response to oil market developments.