Shares of Direxion Daily Real Estate Bear 3x Shares DRV are trading up 10.7% to $18.25 today on above average volume. Approximately 798,000 shares have traded hands today vs. average 30-day volume of 691,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of DRV to see if this bullish momentum will continue.
SmarTrend is monitoring the recent change of momentum in Direxion Daily Real Estate Bear 3x Shares. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Direxion Daily Real Estate Bear 3x Shares in search of a potential trend change.
In the last five trading sessions, the 50-day MA has climbed 1.22% while the 200-day MA has slid 0.98%.
In the past 52 weeks, shares of Direxion Daily Real Estate Bear 3x Shares have traded between a low of $10.30 and a high of $32.11 and are now at $18.06, which is 75% above that low price.
Write to Chip Brian at cbrian@mysmartrend.com
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