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SOXS Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Friday, June 1, 4:25 PM ET
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In trading on Friday, shares of the Daily Semiconductor Bear 3x Shares ETF (AMEX:SOXS) crossed above their 200 day moving average of $52.20, changing hands as high as $53.21 per share. Daily Semiconductor Bear 3x Shares shares are currently trading up about 11.6% on the day. The chart below shows the one year performance of SOXS shares, versus its 200 day moving average:

Daily Semiconductor Bear 3x Shares 200 Day Moving Average Chart

Looking at the chart above, SOXS's low point in its 52 week range is $28.76 per share, with $115.50 as the 52 week high point — that compares with a last trade of $53.00.


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