TECL 📈 Direxion Daily Technology - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25459W1027 • Trading--Leveraged Equity
TECL: Technology, Stocks, ETFs, Swap, Agreements
The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes domestic companies from the technology sector. It is non-diversified. ‣ Company URL: http://www.direxionfunds.com ‣ Domicile: United States
Additional Sources for TECL ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
TECL ETF Overview
| Market Cap in USD | 3,793m |
| Category | Trading--Leveraged Equity |
| TER | 0.94% |
| IPO / Inception | 2008-12-17 |
TECL ETF Ratings
| Growth 5y | 69.2% |
| Fundamental | - |
| Dividend | 32.2% |
| Rel. Strength Industry | 45.3 |
| Analysts | - |
| Fair Price Momentum | 96.04 USD |
| Fair Price DCF | - |
TECL Dividends
| Dividend Yield 12m | 0.22% |
| Yield on Cost 5y | 0.90% |
| Annual Growth 5y | 24.84% |
| Payout Consistency | 49.7% |
TECL Growth Ratios
| Growth Correlation 3m | 65.8% |
| Growth Correlation 12m | 65.8% |
| Growth Correlation 5y | 63.5% |
| CAGR 5y | 32.26% |
| CAGR/Mean DD 5y | 1.03 |
| Sharpe Ratio 12m | 0.82 |
| Alpha | -36.24 |
| Beta | 3.51 |
| Volatility | 75.68% |
| Current Volume | 1767.2k |
| Average Volume 20d | 1053.9k |
What is the price of TECL stocks?
As of December 22, 2024, the stock is trading at USD 95.02 with a total of 1,767,201 shares traded.
Over the past week, the price has changed by -7.37%, over one month by -0.28%, over three months by +7.61% and over the past year by +35.73%.
As of December 22, 2024, the stock is trading at USD 95.02 with a total of 1,767,201 shares traded.
Over the past week, the price has changed by -7.37%, over one month by -0.28%, over three months by +7.61% and over the past year by +35.73%.
Is Direxion Daily Technology a good stock to buy?
Yes. Based on ValueRay Analyses, Direxion Daily Technology (NYSE ARCA:TECL) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 69.20 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TECL as of December 2024 is 96.04. This means that TECL is currently overvalued and has a potential downside of 1.07%.
Yes. Based on ValueRay Analyses, Direxion Daily Technology (NYSE ARCA:TECL) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 69.20 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TECL as of December 2024 is 96.04. This means that TECL is currently overvalued and has a potential downside of 1.07%.
Is TECL a buy, sell or hold?
Direxion Daily Technology has no consensus analysts rating.
Direxion Daily Technology has no consensus analysts rating.
What are the forecast for TECL stock price target?
According to ValueRays Forecast Model, TECL Direxion Daily Technology will be worth about 115.2 in December 2025. The stock is currently trading at 95.02. This means that the stock has a potential upside of +21.26%.
According to ValueRays Forecast Model, TECL Direxion Daily Technology will be worth about 115.2 in December 2025. The stock is currently trading at 95.02. This means that the stock has a potential upside of +21.26%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 115.2 | 21.3% |