DFEN Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of the Direxion Daily Aerospace & Defense Bull 3X Shares ETF (Symbol: DFEN) crossed above their 200 day moving average of $69.11, changing hands as high as $69.85 per share. Direxion Daily Aerospace & Defense Bull 3X Shares shares are currently trading up about 5% on the day. The chart below shows the one year performance of DFEN shares, versus its 200 day moving average:

Looking at the chart above, DFEN’s low point in its 52 week range is $40.60 per share, with $97.7499 as the 52 week high point — that compares with a last trade of $69.52.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Further DFEN Research:

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