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Direxion Daily Technology Bull 3X Shares Has Returned 36.9% Since SmarTrend Recommendation (TYH)
Feb 14, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Direxion Daily Technology Bull 3X Shares (NYSE:TYH) on January 5th, 2012 at $38.89. In approximately 1 month, Direxion Daily Technology Bull 3X Shares has returned 36.92% as of today's recent price of $53.24.
Over the past year, Direxion Daily Technology Bull 3X Shares has traded in a range of $26.58 to $57.23 and is now at $53.24, 100% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.5%.
Direxion Daily Technology Bull 3X Shares is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results of 300% of the price performance of the Russell 1000 Technology Index. The Fund invests at least 80% of its net assets in the equity securities that comprise the Technology Index.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Direxion Daily Technology Bull 3X Shares shares.Log in and add Direxion Daily Technology Bull 3X Shares (TYH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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