How is TECL doing right now?
In plain terms: TECL is 19.5% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
Right now TECL — Direxion Daily Technology Bull 3X Shares — is in a moderate correction, down 19.5% from its record high. Last price: $219.88. Corrections in this band are common during macro repricings (rate scares, sector rotations, earnings shocks). The question is whether the cause is durable or transient.
