Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) Stock Pass Above 50-Day Moving Average of $168.77

Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $168.77 and traded as high as $155.00. Direxion Daily Technology Bull 3X Shares shares last traded at $148.63, with a volume of 7,867 shares traded.

The company has a 50-day moving average of $168.77.

Institutional investors and hedge funds have recently modified their holdings of the stock. Destination Wealth Management purchased a new stake in Direxion Daily Technology Bull 3X Shares in the 1st quarter valued at $26,000. Capital Investment Advisory Services LLC purchased a new stake in Direxion Daily Technology Bull 3X Shares in the 1st quarter valued at $28,000. Rehmann Capital Advisory Group purchased a new stake in Direxion Daily Technology Bull 3X Shares in the 1st quarter valued at $61,000. Northwest Capital Management Inc purchased a new stake in Direxion Daily Technology Bull 3X Shares in the 2nd quarter valued at $228,000. Finally, Gateway Advisory LLC purchased a new stake in Direxion Daily Technology Bull 3X Shares in the 1st quarter valued at $208,000.

Read More: Why do analysts give a neutral rating?

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