Direxion Daily Emerging Markets Bear 3X Shares Bearish Moving Average Crossover Alert (EDZ)
Today, shares of Direxion Daily Emerging Markets Bear 3X Shares (NYSE:EDZ) have crossed bearishly below their 10-day moving average of $34.91 on a volume of 319K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.
Direxion Daily Emerging Markets Bear 3X Shares share prices have moved between a 52-week high of $72.94 and a 52-week low of $25.64 and are now trading 35% above that low price at $34.72 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.9% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for Direxion Daily Emerging Markets Bear 3X Shares and will alert subscribers who have EDZ in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses direxion daily emerging markets bear 3x shares