SmarTrend identified an Uptrend for Direxion Daily Small Cap Bull 3X Shares (NYSE:TNA) on November 23rd, 2012 at $53.95. In approximately 1 month, Direxion Daily Small Cap Bull 3X Shares has returned 16.40% as of today's recent price of $62.80.

Direxion Daily Small Cap Bull 3X Shares share prices have moved between a 52-week high of $68.98 and a 52-week low of $41.55 and are now trading 51% above that low price at $62.80 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.2%.

Direxionshares Small Cap Bull 3X Shares is and exchange-traded fund incorporated in the USA. The Fund's objective is daily investment results, before fees and expenses, of 300% of the price performance of the Russell 2000R Index ("Small Cap Index"). The Fund invests in at least 80% of its net assets in the equity securities that comprise the Small Cap Index.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Direxion Daily Small Cap Bull 3X Shares shares.

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