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DRIP

Direxion Daily S&P Oil & Gas Ex
TECHStrong Sell R500#494 today
$29.49 -4.87% today · -1.40% 1W
Oct 23 close or latest
Why it's movingUnderperforming without a clear catalyst yetReadout ›

Bargain & stretch prices

Prices DRIP only reaches with set odds, from its own recent swings. Odds, not a forecast.

Next sessionNext 5 sessions
Next sessionNext 5 sessions
Stretch
sell side
30.45
+3.2%
↑ more often after a new 52-week low
reached 4 in 10 days · 36% vs usual 28%
31.67
+7.4%
↑ more often after a big drop
reached 3 in 10 weeks · 31% vs usual 30%
Last close29.49
Bargain
buy side
28.56
-3.1%
↓ less often while far below its high
reached 2 in 10 days · 24% vs usual 26%
27.46
-6.9%
↓ less often while far below its high
reached 3 in 10 weeks · 25% vs usual 27%

More patient or more eager

BargainReachedStretchReached
Next session
Patient28.272 in 10 days↓ 15% vs 17% 30.763 in 10 days↑ 25% vs 17%
Balanced28.562 in 10 days↓ 24% vs 26% 30.454 in 10 days↑ 36% vs 28%
Eager28.844 in 10 days↓ 40% vs 41% 30.155 in 10 days↑ 52% vs 45%
Next 5 sessions
Patient26.832 in 10 weeks↓ 16% vs 18% 32.422 in 10 weeks
Balanced27.463 in 10 weeks↓ 25% vs 27% 31.673 in 10 weeks↑ 31% vs 30%
Eager28.064 in 10 weeks↓ 41% vs 43% 31.005 in 10 weeks↑ 49% vs 48%

"3 in 10 days" means the price was reached on about 3 of every 10 days like this one. Patient prices are further away and come less often; eager ones are closer and come more often. From DRIP's daily swings (about 3.3% a day lately), anchored on the Oct 23 close. The odds were measured on 10 years of S&P 500 prices (they move about 3 points from year to year with the market: bargain prices come more often in falling years, stretch prices in rising ones), and where a situation below changed them consistently (in at least 8 of 10 years), they are adjusted and marked. In those tests, waiting for the bargain price did no better on average than buying at the close: what you save when it comes, you pay when it doesn't.

Situations on the Oct 23 close

Big drop odds adjusted
After a big drop, the stretch price was reached more often than usual, so the bargain & stretch odds above are adjusted (marked in gold):
  • Stretch price, next 5 sessions: reached 31% of weeks instead of the usual 30% (held in 8 of 10 years)
DRIP's past 67 times in 5 years: a month later, up 25 of 65, typical -6.1%.
DateThat day1 week on1 month on3 months on
Oct 13, 2026-5.8%-0.3% ——
Oct 1, 2026-5.5%-9.3% ——
Sep 15, 2026-6.6%+19.3% +0.2%—
Aug 10, 2026-11.4%-7.9% -18.5%—
Jul 29, 2026-6.8%+7.9% -15.1%—
Jul 17, 2026-4.5%-4.5% -15.5%-26.8%
Jul 7, 2026-4.3%-10.3% -11.0%-32.5%
Jun 10, 2026-4.8%+16.1% +1.4%-29.1%
New 52-week low odds adjusted
After a new 52-week low, the next session's stretch price was reached more often than usual, so the bargain & stretch odds above are adjusted (marked in gold):
  • Stretch price, next session: reached 36% of days instead of the usual 28% (held in 9 of 10 years)
DRIP's past 18 times in 5 years: a month later, up 6 of 17, typical -5.9%.
DateThat day1 week on1 month on3 months on
Oct 13, 2026-5.8%-0.3% ——
Aug 14, 2026-1.4%-9.3% -18.6%—
Feb 27, 2026-5.1%-12.8% -32.8%-17.8%
Jan 23, 2026-0.8%-7.0% -19.7%-39.2%
Dec 3, 2025-5.1%+2.0% +12.7%-33.9%
Sep 2, 2025-2.4%+8.6% -2.0%-4.7%
Jun 17, 2025-2.5%+12.5% +6.9%-0.1%
Mar 21, 2024-0.6%-4.2% -3.3%+12.9%
35% or more below its 52-week high odds adjusted
Far below its high, the bargain price was reached less often than usual, so the bargain & stretch odds above are adjusted (marked in gold):
  • Bargain price, next session: reached 24% of days instead of the usual 26% (held in 9 of 10 years)
  • Bargain price, next 5 sessions: reached 25% of weeks instead of the usual 27% (held in 10 of 10 years)

Big drop and big gain: among DRIP's own worst or best 10% of daily moves, as on the Aftermath tab. The past times are history: in our tests, how a stock did after its earlier times did not predict the next one, and across the S&P 500 none of these situations leaned up or down except, weakly, an all-time high followed by a big drop. Not advice.

Price ladder

All-time closing high
Jan 20, 2016
71,106.13
+241019.5%
52-week closing high
Oct 22, 2025
92.63
+214.1%
200-day average 47.43
+60.8%
50-day average 33.79
+14.6%
Stretch, next 5 sessions 31.67
+7.4%
Last close
Oct 23, 2026
29.49
52-week closing low
Oct 23, 2026
29.49
0.0%
Bargain, next 5 sessions 27.46
-6.9%

Closing prices (all-time = the 11 years Yahoo has). Percentages are the distance from the last close. These are levels people watch, not levels the price has to respect. Not advice.