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30.5% Return Seen to Date on SmarTrend Direxion Daily Emerging Markets Bull 3X Shares Call (EDC)

By Amy Schwartz

SmarTrend identified an Uptrend for Direxion Daily Emerging Markets Bull 3X Shares (NYSE:EDC) on January 12th, 2017 at $60.26. In approximately 4 months, Direxion Daily Emerging Markets Bull 3X Shares has returned 30.52% as of today's recent price of $78.66.

In the past 52 weeks, Direxion Daily Emerging Markets Bull 3X Shares share prices have been bracketed by a low of $7.11 and a high of $86.85 and are now at $78.66, 1,006% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 3.0% while the 50-day MA has advanced 9.5%.

Direxion Daily Emerging Markets Bull 3X Shares is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results of 300% of the price performance of the MSCI Emerging Markets Index. The Fund invests at least 80% of its net assets in the equity securities that comprise the EM Index, including Depositary Receipts.

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

Log in and add Direxion Daily Emerging Markets Bull 3X Shares (EDC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights direxion daily emerging markets bull 3x shares

Ticker(s): EDC