Direxion Daily Real Estate Bear 3X Shares (NYSEARCA:DRV) Stock Pass Above Fifty Day Moving Average – Time to Sell?

Shares of Direxion Daily Real Estate Bear 3X Shares (NYSEARCA:DRVGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $27.59 and traded as high as $28.13. Direxion Daily Real Estate Bear 3X Shares shares last traded at $26.79, with a volume of 279,559 shares traded.

Direxion Daily Real Estate Bear 3X Shares Stock Performance

The company has a 50-day moving average of $27.59 and a 200 day moving average of $26.79.

About Direxion Daily Real Estate Bear 3X Shares

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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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