TPOR Stock Summary and Trading Ideas (Direxion Daily Transportation Bull 3X | ARCA:TPOR)

The Direxion Daily Transportation Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Transportation Select Industry FMC Capped Index (SPTSCUT). The S&P Transportation Select Industry FMC Capped Index (SPTSCUT) is provided by S&P Dow Jones Indices and is designed to measure stocks in the S&P Total Market Index that are included in the GICS transportation sub-industry.

Direxion Daily Transportation Bull 3X trades on the ARCA stock market under the symbol TPOR.

As of May 21, 2024, TPOR stock price declined to $28.94 with 22,271 million shares trading.

TPOR has a market cap of $20.26 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, TPOR stock traded as high as $69.99 and as low as $16.71.

TPOR has underperformed the market in the last year with a price return of +22.8% while the SPY ETF gained +28.3%. TPOR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -20.2% and -9.1%, respectively, while the SPY returned +7.1% and +2.7%, respectively.

TPOR support price is $29.62 and resistance is $31.80 (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 TPOR stock will trade within this expected range on the day.