Direxion Daily Dow Jones Internet Bull 3X ETF (NYSEARCA:WEBL) Shares Cross Below 200 Day Moving Average – Time to Sell?

Direxion Daily Dow Jones Internet Bull 3X ETF (NYSEARCA:WEBL – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $24.48 and traded as low as $23.51. Direxion Daily Dow Jones Internet Bull 3X ETF shares last traded at $24.28, with a volume of 125,763 shares traded.

Direxion Daily Dow Jones Internet Bull 3X ETF Price Performance

The stock has a market capitalization of $74.05 million, a P/E ratio of 26.56 and a beta of 3.66. The company has a 50 day simple moving average of $28.70 and a 200-day simple moving average of $24.48.

Direxion Daily Dow Jones Internet Bull 3X ETF Company Profile

(Get Free Report)

The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x leveraged daily exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBL was launched on Nov 7, 2019 and is managed by Direxion.

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