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44.00
5.79%
2.41
After Hours:
43.91
-0.09
-0.20%
Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf Stock (DRIP) Forecast
The Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf (DRIP) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $61.07, representing a +38.79% increase from the current price of $44.00. The highest analyst price target is $76.03, and the lowest is $46.10.
Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month DRIP Price Target
Average 51.01
(+15.94% Upside)
Is Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf (DRIP) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 84.58 | Sell |
| STOCH(9,6) | 81.11 | Sell |
| STOCHRSI(14) | 77.94 | Neutral |
| MACD(12,26) | 10.37 | Buy |
| ADX(14) | 45.30 | Buy |
| William %R | -8.8874 | Sell |
| CCI(14) | 60.41 | Neutral |
Buy: 2
Sell: 3
Neutral: 2
Summary: Sell
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
39.28
Buy
|
36.44
Buy
|
| MA20 |
22.20
Buy
|
27.47
Buy
|
| MA50 |
11.77
Buy
|
16.47
Buy
|
| MA100 |
8.2085
Buy
|
11.56
Buy
|
| MA200 |
8.2176
Buy
|
9.6188
Buy
|
Buy: 10
Sell: 0
Neutral: 0
Summary: Buy
According to our latest analysis, DRIP could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 3 signaling Sell signals and 2 Neutral signals. This might be a good time to open fresh positions on DRIP, as trading bullish markets is always a lot easier
- RSI (Relative Strength Index): The RSI(14) value of 84.58 indicates that DRIP is overbought. This suggests that DRIP price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
- STOCH (Stochastic Oscillator): The STOCH value of 81.11 indicates that DRIP is oversold. This means that DRIP price is at or near the highest level over a specified lookback period.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 77.94 indicates that DRIP is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- ADX (Average Directional Index): The ADX value of The ADX value of 45.3 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 60.41 indicates that DRIP is still overbought but not to an extreme extent.
Long-term DRIP price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf financial reports and earnings history, Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf (DRIP) stock could reach $19.15 by 2030, $25.24 by 2040 and $62.56 by 2050. See the projected annual prices until 2050 of the Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf stock below:
- Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf (DRIP) is expected to reach an average price of $8.4952 in 2035, with a high prediction of $9.6439 and a low estimate of $8.8652. This indicates an $-80.69% rise from the last recorded price of $44.00.
- Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf (DRIP) stock is projected to chart a bullish course in 2040, with an average price target of $23.94, representing an $-45.58% surge from its current level. The forecast ranges from a conservative $24.50 to a sky-high $25.24.
- Our analysts predict Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf (DRIP) to jump 10.62% by 2045, soaring from $44.84 to an average price of $48.67, potentially reaching $46.65. While $44.84 is the low estimate, the potential upside is significant.
- Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf (DRIP) stock is expected to climb by 2050, reaching an average of $64.82, a $47.31% jump from its current level. However, a wide range of estimates exists, with high and low targets of $62.56 and $61.14, respectively, highlighting the market's uncertainty.
Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf Stock (DRIP) Year by Year Forecast
Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf Stock (DRIP) Price Forecast for 2026
The predicted value for Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf (DRIP) in 2026 is set at an average of $376.00. Estimates vary from a peak of $717.11 to a trough of $34.89, indicating an +754.54% surge from the present price of $44.00.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| August, 2026 | $49.80 | $46.10 | $76.03 | +13.19% |
| September, 2026 | $52.34 | $43.76 | $61.54 | +18.96% |
| October, 2026 | $70.60 | $51.83 | $85.02 | +60.45% |
| November, 2026 | $66.35 | $62.96 | $98.27 | +50.79% |
| December, 2026 | $38.99 | $34.89 | $68.94 | -11.38% |
Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf Stock (DRIP) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf (DRIP) is $22.28, with a high forecast of $44.52 and a low forecast of $0.0438. This indicates an -49.36% decrease from the last price of $44.00.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $27.14 | $26.04 | $38.68 | -38.32% |
| February, 2027 | $34.39 | $22.21 | $34.99 | -21.83% |
| March, 2027 | $38.04 | $26.58 | $42.06 | -13.56% |
| April, 2027 | $19.39 | $19.29 | $44.52 | -55.94% |
| May, 2027 | $18.14 | $15.94 | $33.05 | -58.77% |
| June, 2027 | $10.08 | $10.08 | $23.30 | -77.09% |
| July, 2027 | $5.6129 | $3.7529 | $15.26 | -87.24% |
| August, 2027 | $5.8453 | $1.5353 | $6.2191 | -86.72% |
| September, 2027 | $1.8742 | $1.7415 | $9.1934 | -95.74% |
| October, 2027 | $4.8283 | $1.9417 | $5.3283 | -89.03% |
| November, 2027 | $7.5807 | $2.4747 | $12.64 | -82.77% |
| December, 2027 | $0.0462 | $0.0438 | $11.96 | -99.89% |
Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf Stock (DRIP) Price Forecast for 2028
In 2028, Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf (DRIP) is projected to reach an average price of $3.5699, with a high projection of $7.0861 and a low estimate of $0.0536. This indicates an -91.89% fall from the last price of $44.00.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $0.4763 | $0.9263 | $2.0893 | -98.92% |
| February, 2028 | $3.1961 | $0.368 | $7.0861 | -92.74% |
| March, 2028 | $2.9234 | $2.0977 | $2.3434 | -93.36% |
| April, 2028 | $3.5109 | $3.9059 | $2.6691 | -92.02% |
| May, 2028 | $0.6304 | $0.6404 | $2.5098 | -98.57% |
| June, 2028 | $1.288 | $0.0742 | $2.1158 | -97.07% |
| July, 2028 | $0.9956 | $0.8637 | $1.1544 | -97.74% |
| August, 2028 | $1.905 | $0.0912 | $2.1057 | -95.67% |
| September, 2028 | $0.8174 | $0.1626 | $5.6931 | -98.14% |
| October, 2028 | $3.3098 | $0.0536 | $4.6198 | -92.48% |
| November, 2028 | $2.7204 | $1.7692 | $4.5106 | -93.82% |
| December, 2028 | $1.5728 | $1.3928 | $3.7685 | -96.43% |
Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf Stock (DRIP) Price Forecast for 2029
The 2029 price forecast for Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf Stock (DRIP) is $10.47 on average, with a high prediction of $20.87 and a low estimate of $0.0589. This represents an -76.22% decrease from the previous price of $44.00.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $0.5967 | $0.334 | $2.8818 | -98.64% |
| February, 2029 | $0.6542 | $0.9867 | $0.5024 | -98.51% |
| March, 2029 | $0.8418 | $1.0156 | $1.008 | -98.09% |
| April, 2029 | $0.5994 | $0.5275 | $1.4525 | -98.64% |
| May, 2029 | $1.5112 | $0.0788 | $1.8212 | -96.57% |
| June, 2029 | $1.5736 | $0.6693 | $2.1174 | -96.42% |
| July, 2029 | $1.986 | $1.201 | $3.6798 | -95.49% |
| August, 2029 | $3.0966 | $1.4741 | $4.1554 | -92.96% |
| September, 2029 | $2.449 | $2.144 | $4.2228 | -94.43% |
| October, 2029 | $1.0595 | $0.8695 | $2.7274 | -97.59% |
| November, 2029 | $1.142 | $0.0589 | $1.382 | -97.40% |
| December, 2029 | $23.81 | $0.7732 | $20.87 | -45.89% |
Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf Stock (DRIP) Price Forecast for 2030
Direxion Daily S P Oil Gas Exp Prod Bear 2 X Etf Stock (DRIP) is expected to reach an average price of $269.41 in 2030, with a high forecast of $538.29 and a low forecast of $0.5187. This signifies an +512.29% surge from the last price of $44.00.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $1.3011 | $8.2823 | $19.15 | -97.04% |
| February, 2030 | $13.39 | $14.32 | $8.437 | -69.56% |
| March, 2030 | $9.4254 | $6.475 | $12.96 | -78.58% |
| April, 2030 | $22.66 | $3.7318 | $39.28 | -48.51% |
| May, 2030 | $2.3051 | $1.3884 | $32.51 | -94.76% |
| June, 2030 | $4.7016 | $0.5187 | $21.86 | -89.31% |
| July, 2030 | $10.44 | $1.1779 | $18.35 | -76.27% |
| August, 2030 | $10.45 | $4.922 | $22.49 | -76.24% |
| September, 2030 | $10.41 | $14.35 | $10.29 | -76.33% |
| October, 2030 | $28.92 | $8.4052 | $30.82 | -34.28% |
| November, 2030 | $431.85 | $18.93 | $538.29 | +881.48% |
| December, 2030 | $139.52 | $100.52 | $420.05 | +217.10% |
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