WANT Stock Summary and Trading Ideas (Direxion Daily Consumer Discretionary Bull 3X | ARCA:WANT)

The Direxion Daily Consumer Discretionary Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the Consumer Discretionary Select Sector Index. The Consumer Discretionary Select Sector Index (IXYTR) is provided by S&P Dow Jones Indices and includes domestic companies from the consumer discretionary sector which includes the following industries: media; retail (specialty, multiline, internet & catalog); hotels, restaurants & leisure; textiles, apparel & luxury goods; household durables; automobiles; automobile components; distributors; leisure equipment & products; and diversified consumer services.

Direxion Daily Consumer Discretionary Bull 3X trades on the ARCA stock market under the symbol WANT.

As of January 30, 2025, WANT stock price climbed to $60.14 with 29,115 million shares trading.

WANT has a beta of 3.53, meaning it tends to be more sensitive to market movements. WANT has a correlation of 0.68 to the broad based SPY ETF.

WANT has a market cap of $30.07 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, WANT traded as high as $73.55 and as low as $14.95.

WANT has outperformed the market in the last year with a price return of +95.0% while the SPY ETF gained +24.7%. WANT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +50.3% and +9.5%, respectively, while the SPY returned +4.7% and +2.3%, respectively.

WANT support price is $56.13 and resistance is $60.53 (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 WANT shares will trade within this expected range on the day.