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 3, 2025, MSFD stock price declined to $13.66 with 15,173 million shares trading.

MSFD has a beta of -1.22, meaning it tends to be less sensitive to market movements. MSFD has a correlation of 0.55 to the broad based SPY ETF.

MSFD has a market cap of $5.46 million. This is considered a Sub-Micro Cap stock.

MSFD has underperformed the market in the last year with a return of -9.7%, while the SPY ETF gained +27.8%. In the last 3 month period, MSFD fell short of the market, returning -1.1%, while SPY returned +4.6%. However, in the most recent 2 weeks MSFD has outperformed the stock market by returning +4.5%, while SPY returned +0.1%.

MSFD support price is $13.64 and resistance is $13.99 (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.