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Uptrend Call Working As Direxion Daily Small Cap Bull 3X Shares Stock Rises 12.5% (TNA)

By Shiri Gupta

SmarTrend identified an Uptrend for Direxion Daily Small Cap Bull 3X Shares (NYSE:TNA) on May 27th, 2014 at $70.69. In approximately 1 month, Direxion Daily Small Cap Bull 3X Shares has returned 12.53% as of today's recent price of $79.54.

In the past 52 weeks, Direxion Daily Small Cap Bull 3X Shares share prices have been bracketed by a low of $47.90 and a high of $86.68 and are now at $79.54, 66% above that low price. The 200-day and 50-day moving averages have moved 0.77% higher and 1.60% higher over the past week, respectively.

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.

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

Keywords: spotlights direxion daily small cap bull 3x shares

Ticker(s): TNA