Direxion Daily MSCI Emerging Markets Bear 3X Shares Price & Performance (EDZ)

Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) saw a 2.6% gain in its last session, but analysts have shifted its rating from Strong Sell to Sell. Despite a short-term uptick, the ETF remains in a broad downward trend, with projections signaling a potential 12% decline in the next three months.12

The Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ) dropped 2.76% to $8.47, leading to a downgrade from Buy to Hold/Accumulate. The ETF is moving sideways, with high volatility expected. Analysts predict a trading range between $7.35 and $11.49 over the next quarter.345

Both Direxion Bull and Bear 3X ETFs remain highly volatile, with the Bull ETF facing a negative outlook and the Bear ETF downgraded to Hold. Investors are urged to be cautious, as these products are designed for experienced traders and can diverge sharply from underlying index performance over time.213