Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) Shares Gap Up – Time to Buy?

Posted by James Quigley on Jun 15th, 2026

Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $215.49, but opened at $235.00. Direxion Daily Technology Bull 3X Shares shares last traded at $237.80, with a volume of 337,874 shares trading hands.

Direxion Daily Technology Bull 3X Shares Price Performance

The company has a fifty day simple moving average of $173.60 and a two-hundred day simple moving average of $133.64. The company has a market capitalization of $7.79 billion, a P/E ratio of 36.87 and a beta of 4.12.

Institutional Investors Weigh In On Direxion Daily Technology Bull 3X Shares

Hedge funds and other institutional investors have recently made changes to their positions in the business. BankPlus Trust Department acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares in the fourth quarter valued at about $47,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Direxion Daily Technology Bull 3X Shares by 99.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 601 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 300 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares in the fourth quarter valued at about $88,000. Raymond James Financial Inc. acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares in the second quarter valued at about $94,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares in the third quarter valued at about $117,000.

Direxion Daily Technology Bull 3X Shares Company Profile

(Get Free Report)

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.