Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (NYSEARCA:EVAV) Trading Up 0.6% – Should You Buy?

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (NYSEARCA:EVAVGet Free Report)’s share price shot up 0.6% during mid-day trading on Monday . The company traded as high as $20.30 and last traded at $19.73. 6,145 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 14,507 shares. The stock had previously closed at $19.61.

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

The company has a 50 day simple moving average of $22.15 and a 200 day simple moving average of $21.19.

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares Company Profile

(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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