Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX) Share Price Breaks Above 50-Day Moving Average – Here’s Why

Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $36.24 and traded as high as $39.33. Defiance Daily Target 2X Long AVGO ETF shares last traded at $38.23, with a volume of 935,530 shares trading hands.

Defiance Daily Target 2X Long AVGO ETF Trading Up 10.7%

The firm has a 50-day simple moving average of $36.24 and a two-hundred day simple moving average of $45.46.

About Defiance Daily Target 2X Long AVGO ETF

(Get Free Report)

The Defiance Daily Target 2X Long AVGO ETF (AVGX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Broadcom Inc. (AVGO), less fees and expenses, through derivatives like swap agreements AVGX was launched on Aug 21, 2024 and is issued by Defiance.

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