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 April 29, 2024, TPOR stock price declined to $30.71 with 9,791 million shares trading.

TPOR has a market cap of $21.50 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 outperformed the market in the last year with a return of +52.2%, while the SPY ETF gained +27.8%. However, in the most recent history, TPOR shares have underperformed the stock market with its stock returning -5.6% in the last 3 month period and -9.9% for the last 2 week period, while SPY has returned +5.0% and -0.2%, respectively.

TPOR support price is $30.03 and resistance is $32.37 (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.