MSFD Stock Summary and Trading Ideas (Direxion Daily Msft Bear 1X | NASDAQ:MSFD)

The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of MSFT. The Direxion Daily MSFT Bear 1X Shares ("Fund") seeks daily inverse investment results and is very different from most other exchange-traded funds. The pursuit of daily inverse investment goals means that the return of the Fund for a period longer than a full trading day may have no resemblance to -100% of the return of the common shares of Microsoft Corporation (NASDAQ: MSFT) ("MSFT").

Direxion Daily Msft Bear 1X trades on the NASDAQ stock market under the symbol MSFD.

As of January 17, 2025, MSFD stock price declined to $13.47 with 125,544 million shares trading.

MSFD has a market cap of $6.74 million. This is considered a Sub-Micro Cap stock.

MSFD has underperformed the market in the last year with a price return of -6.6% while the SPY ETF gained +28.0%. MSFD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.7% and -1.4%, respectively, while the SPY returned +3.0% and +1.0%, respectively.

MSFD support price is $13.44 and resistance is $13.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MSFD shares will trade within this expected range on the day.