Direxion Daily TSM Bear 1X ETF (NASDAQ:TSMZ) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Direxion Daily TSM Bear 1X ETF (NASDAQ:TSMZ – Get Free Report)’s share price passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $7.57 and traded as high as $8.08. Direxion Daily TSM Bear 1X ETF shares last traded at $8.00, with a volume of 236,497 shares changing hands.

Direxion Daily TSM Bear 1X ETF Trading Up 6.1%

The business has a fifty day moving average of $7.57 and a 200 day moving average of $8.76.

Direxion Daily TSM Bear 1X ETF Company Profile

(Get Free Report)

The Direxion Daily TSM Bear 1X Shares (TSMZ) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing (TSM) stock. TSMZ was launched on Oct 3, 2024 and is issued by Direxion.

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