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Direxion Daily Small Cap Bull 3X Shares Crosses Below its 10-day MA (TNA)

By Shiri Gupta

Direxion Daily Small Cap Bull 3X Shares (NYSE:TNA) shares have crossed bearishly below their 10-day moving average of $68.08 on a volume of 2.9 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Direxion Daily Small Cap Bull 3X Shares have traded between a low of $42.57 and a high of $86.68 and are now at $67.70, which is 59% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has risen 0.2%.

SmarTrend is monitoring the recent change of momentum in Direxion Daily Small Cap Bull 3X Shares. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Direxion Daily Small Cap Bull 3X Shares in search of a potential trend change.

Keywords: moving crosses direxion daily small cap bull 3x shares

Ticker(s): TNA