Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (NYSEARCA:EVAV) Trading Down 1.3% – What’s Next?

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (NYSEARCA:EVAVGet Free Report) dropped 1.3% during trading on Tuesday . The company traded as low as $29.60 and last traded at $29.79. Approximately 2,117 shares traded hands during trading, a decline of 77% from the average daily volume of 9,073 shares. The stock had previously closed at $30.18.

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares Price Performance

The business has a 50 day simple moving average of $28.78 and a 200 day simple moving average of $23.26.

About Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

(Get Free Report)

The Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks 2x the daily price movements of a liquidity-weighted index of US-listed electric and autonomous vehicles companies. EVAV was launched on Aug 11, 2022 and is managed by Direxion.

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