Direxion Mid Cap Bear 3X Shares (MWN) goes negative by breaking below intraday moving average 2012/10/23 16:35
The intraday price for Direxion Mid Cap Bear 3X Shares has moved below its 200 period 30 minute moving average of 25.34. MWN is around 24.85 bucks now. Going below the moving average deepens the negative trend.
The price is already below support of $25.34.
Other stocks to watch – these have a positive correlation with Direxion Mid Cap Bear 3X Shares:
For the math geeks and quants – the most recent Slope: -0 Intercept: 25.34 close: 24.85