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Upturn AI SWOT - About
Direxion Daily Technology Bull 3X Shares (TECL)
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Upturn Advisory Summary
03/27/2025: TECL (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 16.28% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Volume (30-day avg) 1656372 | Beta 3.59 | 52 Weeks Range 54.61 - 112.38 | Updated Date 03/28/2025 |
52 Weeks Range 54.61 - 112.38 | Updated Date 03/28/2025 |
Upturn AI SWOT
Direxion Daily Technology Bull 3X Shares
ETF Overview
Overview
The Direxion Daily Technology Bull 3X Shares (TECL) seeks daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index. It focuses on the technology sector, providing leveraged exposure to companies involved in technology-related industries.
Reputation and Reliability
Direxion is known for its leveraged and inverse ETFs, offering sophisticated investment tools. They have a solid track record, though the nature of their products necessitates careful investor consideration.
Management Expertise
Direxion's management team has experience in creating and managing leveraged and inverse ETFs, requiring specialized knowledge in risk management and trading.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index.
Investment Approach and Strategy
Strategy: TECL aims to deliver three times the daily performance of the Technology Select Sector Index, making it a leveraged ETF.
Composition The ETF's assets primarily consist of financial instruments (derivatives) designed to achieve the 3x leverage on the underlying Technology Select Sector Index, in addition to holdings in stocks within that index.
Market Position
Market Share: TECL holds a moderate market share within the leveraged technology ETF segment.
Total Net Assets (AUM): 2505259904
Competitors
Key Competitors
- ProShares Ultra Technology (ROM)
- ProShares UltraPro QQQ (TQQQ)
- MicroSectors FANG+ Index 3X Leveraged ETN (FNGU)
Competitive Landscape
The leveraged technology ETF market is competitive. TECL differentiates itself through its specific focus on the Technology Select Sector Index. While competitors offer similar leveraged exposure, TECL's focus provides a targeted approach, but carries risk due to daily reset and sector concentration.
Financial Performance
Historical Performance: Historical performance is highly volatile due to the leveraged nature of the ETF. Past performance is not indicative of future results.
Benchmark Comparison: TECL's performance is benchmarked against 3x the daily performance of the Technology Select Sector Index. Deviations may occur due to fees, expenses, and the daily reset.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
TECL's average daily trading volume is high, indicating good liquidity.
Bid-Ask Spread
TECL generally has a tight bid-ask spread, contributing to lower trading costs.
Market Dynamics
Market Environment Factors
TECL's performance is influenced by factors impacting the technology sector, including economic growth, interest rates, and technological innovation.
Growth Trajectory
TECL's growth is tied to the performance of the technology sector and investor demand for leveraged exposure. Its strategy of daily reset remains consistent.
Moat and Competitive Advantages
Competitive Edge
TECL's competitive advantage lies in its 3x leveraged exposure to the Technology Select Sector Index, appealing to investors seeking amplified daily returns. Its readily available daily liquidity provides opportunities for active management. The ETF focuses purely on Technology sector in USA. However, its leveraged nature and daily reset make it unsuitable for long-term hold.
Risk Analysis
Volatility
TECL exhibits high volatility due to its leveraged nature. Daily resets can lead to significant losses, especially in volatile markets.
Market Risk
TECL is subject to the market risk inherent in the technology sector. Economic downturns or negative news impacting technology companies can significantly affect its performance.
Investor Profile
Ideal Investor Profile
TECL is suitable for sophisticated investors with a high-risk tolerance who seek short-term, leveraged exposure to the technology sector.
Market Risk
TECL is best suited for active traders who understand the risks associated with leveraged ETFs and daily compounding. It is not appropriate for long-term investors.
Summary
Direxion Daily Technology Bull 3X Shares (TECL) offers a way to get 3x daily leveraged exposure to the Technology Select Sector Index. It is designed for sophisticated, active traders who closely monitor the technology sector, not long-term investors. Its high volatility and daily reset mechanism make it suitable for short-term strategies. Investors must understand that there is high risk involved.
Similar Companies
- ROM
- TQQQ
- FNGU
- SOXL
- UPRO
- QLD
Sources and Disclaimers
Data Sources:
- Direxion
- Morningstar
- Yahoo Finance
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Leveraged ETFs are high-risk investments and may not be suitable for all investors. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Direxion Daily Technology Bull 3X Shares
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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