MARKET COMPOSITE
DRN - Direxion Shares ETF Trust8:00:00 PM 4/18/2024
Price
$7.17
-0.03 (-0.42%)
The investment seeks daily investment results of 300% of the daily performance of the MSCI US IMI Real Estate 25/50 Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure the performance of the large-, mid- and small-capitalization segments of the U.S. equity universe that are classified in the real estate sector as per the GICS. It is non-diversified.
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Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    Global events seem to have put a damper on the U.S. ETF industry.

    Plus, a roundup of other developments around the turn of the year.

    Direxion announced it is changing the underlying index and investment objective of each of the Direxion Daily Financial Bull 3X Shares (Ticker: FAS), Direxion Daily Financial Bear 3X Shares (Ticker: FAZ), Direxion Daily MSCI Real Estate Bull 3X Shares (Ticker: DRV) and the Direxion Daily MSCI Real Estate Bear 3X Shares (Ticker: DRN). On or about February 28, 2022, each Fund's underlying index will change as shown in the table below:

    Wall Street was moderate last week with the S&P 500 (up 2.5%), the Dow Jones (up 0.9%) and the Nasdaq (up 3.4%) offering decent performances.

    A rate cut is a boon to rate sensitive and high-yield sectors such as utilities and real estate.

    Low mortgage rates can help spur more real estate buying activity among prospective homeowners, especially in hot housing markets that are primed for a boom. This could also be a boon for real estate-focused ...

    4 Best Leveraged ETFs of Last Week02-17-2020 13:34:25 PM

    Inside the top-performing leveraged ETFs of last week.

    Traders looking to the real estate sector will want to keep an eye out for the primary drivers in the industry, and according to one market expert, that will be technology and millennials. Both can influence leveraged trades in the the  Direxion Daily MSCI Real Estate Bull 3X ETF (DRN) . There is a lot of noise, but despite the noise, people are using real estate professionals more than ever.

    Real estate sits among the market's top-performing sectors in 2019. Join the momentum by trading a pullback in these real estate ETFs.

    The housing market is replete with lenders offering low interest rates, but not enough in the supply arena to keep would-be home buyers appeased. Can the current housing market keep real estate exchange-traded funds (ETFs) afloat via low interest rates? When the Federal Reserve decided to drop interest rates, it gave buyers the green light to hit the open road to home ownership only to find out that a detour of low supply stopped them dead in their tracks.