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SOXS Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Monday, November 28, 11:40 AM ET
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In trading on Monday, shares of Direxion Shares Exchange Traded Fund Trust - Direxion Daily Natural Gas Related Bear 2X Shares (AMEX:SOXS) crossed below their 200 day moving average of $66.40, changing hands as low as $64.10 per share. Direxion Shares Exchange Traded Fund Trust - Direxion Daily Natural Gas Related Bear 2X Shares shares are currently trading down about 10.6% on the day. The chart below shows the one year performance of SOXS shares, versus its 200 day moving average:

Direxion Shares Exchange Traded Fund Trust - Direxion Daily Natural Gas Related Bear 2X Shares 200 Day Moving Average Chart

Looking at the chart above, SOXS's low point in its 52 week range is $48.85 per share, with $115.50 as the 52 week high point — that compares with a last trade of $64.97.

SOXS operates in the ETFs & CEFs sector, among companies like Ishares Trust Cohen & Steers Realty (AMEX:ICF) which is up about 2.1% today, and I Shares Trust Standard and Poors Global 100 Fund (AMEX:IOO) trading up by about 3.6%. Below is a three month price history chart comparing the stock performance of SOXS, versus ICF and IOO.

SOXS,ICF,IOO Relative Performance Chart


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This Article's Word Cloud:   AMEX   Bear   Below   Cohen   Daily   Direxion   Exchange   Fund   Global   Investment   Moving   Natural   Poors   Related   SOXS   Shares   Traded   Trust   about   above   allows   asset   average   below   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   leads   moving   performance   point   portfolio   price   range   raquo   share   shares   short   terms   trading   versus   week   with
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SOXS Makes Bearish Cross Below Critical Moving Average | Market News Video | Copyright © 2008 - 2013, All Rights Reserved

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