Direxion Daily Small Cap Bear 3X Shares Has Returned 15.4% Since SmarTrend Recommendation (TZA)
SmarTrend identified a Downtrend for Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) on November 23rd, 2012 at $16.32. In approximately 1 month, Direxion Daily Small Cap Bear 3X Shares has returned 15.42% as of today's recent price of $13.80.
Direxion Daily Small Cap Bear 3X Shares share prices have moved between a 52-week high of $27.13 and a 52-week low of $13.35 and are now trading 3% above that low price at $13.80 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.6%.
Direxionshares Small Cap Bear 3X Shares is an exchange-traded fund incorporated in the USA. The Fund's objective is daily investment results, before fees and expenses, of 300% of the inverse of the price performance of the Small Cap Index. The Fund invests in at least 80% of its net assets in Financial Instruments that, provide exposure to the Small Cap Index.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Direxion Daily Small Cap Bear 3X Shares.
Log in and add Direxion Daily Small Cap Bear 3X Shares (TZA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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