Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (NYSEARCA:EVAV) Trading Down 3.4% – Time to Sell?

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (NYSEARCA:EVAVGet Free Report) shares traded down 3.4% during trading on Wednesday . The company traded as low as $22.69 and last traded at $22.69. 2,163 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 18,794 shares. The stock had previously closed at $23.49.

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

The firm has a 50 day moving average of $23.71 and a two-hundred day moving average of $20.04.

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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