Direxion Daily Dow Jones Internet Bull 3X Shares Price & Performance (WEBL)

The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) closed at $15.23 on April 17, down 1.81% for the day. Trading volume was 210,055 shares, with the ETF remaining well off its 52-week high of $34.77. The fund's one-year return stands at -10.31%, reflecting ongoing sector challenges.123

Recent technical analysis of WEBL shows persistent negative momentum, with bearish readings across key moving averages. Oscillator scores remain neutral, but the overall technical rating is weak. Despite some short-term buying signals in early April, prevailing trends suggest further downside risk for leveraged internet sector exposure.145

WEBL's price fell to $15.30 on April 17, continuing a volatile pattern with a 5.12% daily range. Forecasts predict a possible 51% decline over the next three months, with significant risk if support levels are breached. Analysts recommend caution, citing the ETF’s high volatility and negative outlook.165