Direxion Daily FTSE Europe Bull 3X Shares (EURL)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
42.35 USD
+1.60
(3.914%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 6:48 a.m. EDT
This leveraged ETF is currently acting as a pure momentum vehicle, heavily weighted toward the upside despite being significantly below its 50-day moving average. The technical setup shows the price trading well below recent averages, which typically suggests a downtrend, yet the options market is screaming 'bullish,' with massive open interest in calls far above the current price. This disconnect suggests speculators are betting on a mean reversion or a sudden spike in European equities to drive the 3x leverage back up. However, the statistical forecast model offers almost no guidance, showing a weak negative lean with very low reliability. Given the instrument's nature as a leveraged product, the lack of a clear upward trend in the underlying price action makes holding risky; the compounding drag from recent underperformance is real. The dividend yield is negligible and irrelevant for this type of asset. While the options flow is aggressive, the underlying price structure hasn't confirmed a recovery yet, leading to a cautious stance where the momentum is building but not yet strong enough for a high-conviction entry. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.057332 |
| AutoARIMA | 0.057337 |
| MSTL | 0.057660 |
| AutoTheta | 0.067492 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 11.31 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.091 |
| Excess Kurtosis | -0.43 |
| Attribute | Value |
|---|---|
| Trailing P/E | 17.28 |
As of Oct. 10, 2026, 6:48 a.m. EDT: Speculators are overwhelmingly positioning for upside continuation, evidenced by significant open interest in out-of-the-money calls (strikes 50, 52, 55) across multiple expirations. Conversely, put activity is minimal and concentrated near the money or slightly out-of-the-money, indicating a lack of hedging demand for a sharp drop. Implied volatility is elevated on calls relative to puts, suggesting traders expect continued beta-driven gains.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.33% | 1.98% | 2.36% | 2.25% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.151 | 0.325923 |
| 2026-06-23 | 0.394 | 0.894641 |
| 2026-03-24 | 0.144 | 0.404608 |
| 2025-12-23 | 0.148 | 0.357402 |
| 2025-09-23 | 0.052 | 0.144806 |
| 2025-06-24 | 0.301 | 0.905535 |
| 2025-03-25 | 0.118 | 0.408729 |
| 2024-12-23 | 0.176 | 0.852713 |
| 2024-09-24 | 0.101 | 0.351427 |
| 2024-06-25 | 0.312 | 1.204168 |
| 2024-03-19 | 0.127 | 0.502175 |
| 2023-12-21 | 0.173 | 0.741852 |
| 2023-09-19 | 0.221 | 1.136831 |
| 2023-06-21 | 0.144 | 0.653061 |
| 2023-03-21 | 0.055 | 0.279188 |
| 2022-12-20 | 0.082 | 0.488386 |
| 2022-09-20 | 0.165 | 1.285047 |
| 2022-03-22 | 0.058 | 0.207217 |
| 2021-12-21 | 0.038 | 0.109542 |
| 2021-09-21 | 0.088 | 0.246983 |
| 2020-12-22 | 0.051 | 0.207149 |
| 2020-03-24 | 0.056 | 0.637088 |
| 2019-12-23 | 0.086 | 0.257871 |
| 2019-06-25 | 0.247 | 0.879943 |
| 2019-03-19 | 0.064 | 0.226469 |
| 2018-12-27 | 0.104 | 0.544788 |
| 2018-09-25 | 0.366 | 1.088962 |
| 2018-06-19 | 0.145 | 0.432707 |
| 2017-12-19 | 0.144 | 0.386577 |
| 2014-12-23 | 0.047 | 0.152449 |
| 2014-09-23 | 0.177 | 0.485730 |
| 2014-06-24 | 0.006 | 0.013520 |
| Attribute | Value |
|---|---|
| All Time High | 52.77 |
| All Time Low | 6.43 |
| Ask | 42.38 |
| Ask Size | 800 |
| Average Daily Volume10 Day | 23,690 |
| Average Daily Volume3 Month | 15,604 |
| Average Volume | 15,604 |
| Average Volume10Days | 23,690 |
| Beta3 Year | 1.92 |
| Bid | 42.31 |
| Bid Size | 3,400 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 42.4904 |
| Day Low | 41.37 |
| Display Name | Dly FTSE Europe Bull 3X Shares |
| Dividend Yield | 1.99 |
| Eps Trailing Twelve Months | 2.45047 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 47.0524 |
| Fifty Day Average Change | -4.7024 |
| Fifty Day Average Change Percent | -0.09993965 |
| Fifty Two Week Change Percent | 8.637703 |
| Fifty Two Week High | 52.77 |
| Fifty Two Week High Change | -10.420002 |
| Fifty Two Week High Change Percent | -0.19746071 |
| Fifty Two Week Low | 32.9 |
| Fifty Two Week Low Change | 9.449997 |
| Fifty Two Week Low Change Percent | 0.28723395 |
| Fifty Two Week Range | 32.9 - 52.77 |
| First Trade Date Milliseconds | 1,390,401,000,000 |
| Five Year Average Return | 0.054770004 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 1.8993988 |
| Fullday Change Percent | 4.6793594 |
| Fullday Price | 42.35 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,390,348,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and 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 is a market capitalization weighted index that is designed to measure the equity market performance of large-, mid- and small-cap companies in developed European markets. The fund is non-diversified. |
| Long Name | Direxion Daily FTSE Europe Bull 3X Shares |
| Market | us_market |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_253603439 |
| Nav Price | 41.217 |
| Net Assets | 40,047,688.0 |
| Net Expense Ratio | 1.04 |
| Open | 41.78 |
| Phone | 866-476-7523 |
| Previous Close | 40.7548 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.5952 |
| Regular Market Change Percent | 3.91414 |
| Regular Market Day High | 42.4904 |
| Regular Market Day Low | 41.37 |
| Regular Market Day Range | 41.37 - 42.4904 |
| Regular Market Open | 41.78 |
| Regular Market Previous Close | 40.7548 |
| Regular Market Price | 42.35 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 10,976 |
| Short Name | Direxion Daily FTSE Europe Bull |
| Source Interval | 15 |
| Symbol | EURL |
| Three Year Average Return | 0.3650158 |
| Total Assets | 40,047,688 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 17.282398 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -8.44798 |
| Trailing Three Month Returns | -8.44798 |
| Triggerable | 1 |
| Two Hundred Day Average | 45.2948 |
| Two Hundred Day Average Change | -2.9448013 |
| Two Hundred Day Average Change Percent | -0.06501412 |
| Type Disp | ETF |
| Volume | 10,976 |
| Yield | 0.0199 |
| Ytd Return | 3.58195 |