Direxion Daily Real Estate Bear 3X ETF (NYSEARCA:DRV) Shares Cross Above 50-Day Moving Average – Time to Sell?

Direxion Daily Real Estate Bear 3X ETF (NYSEARCA:DRV – Get Free Report) crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $20.63 and traded as high as $21.58. Direxion Daily Real Estate Bear 3X ETF shares last traded at $20.76, with a volume of 134,396 shares traded.

Direxion Daily Real Estate Bear 3X ETF Stock Performance

The business has a 50-day moving average of $20.63 and a two-hundred day moving average of $19.70.

Direxion Daily Real Estate Bear 3X ETF Company Profile

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The Direxion Daily Real Estate Bear 3X Shares (DRV) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides 3x leveraged inverse exposure to an index that captures large cap equities of the US real estate segment. DRV was launched on Jul 16, 2009 and is managed by Direxion.

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