(YINN) Direxion Daily FTSE China - Ratings and Ratios

Direxion Daily FTSE China Bull 3X Shares (YINN) is a leveraged exchange-traded fund (ETF) designed to provide 3X daily returns relative to the FTSE China 50 Index. The fund primarily invests in swap agreements, index securities, and ETFs tracking the index to achieve its objective. The FTSE China 50 Index includes the 50 largest and most liquid Chinese companies listed on the Hong Kong Stock Exchange, offering exposure to key sectors like technology, financials, and consumer staples. YINN is classified as a non-diversified fund, meaning it can concentrate investments in a smaller number of securities. For more information, visit http://www.direxionfunds.com.

Based on the provided data, YINN currently trades at $35.13, with a 20-day average volume of 5,658,040 shares. The funds short-term trend, as indicated by the 20-day SMA of $30.06, suggests recent upward momentum. However, the 50-day SMA of $38.53 indicates potential resistance levels ahead. The 200-day SMA of $31.06 reflects longer-term volatility, while an ATR of 2.64 highlights moderate daily price fluctuations. With an AUM of $1.07 billion, YINN remains a significant player in the leveraged ETF space, offering targeted exposure to Chinese equities with amplified returns. Investors should be aware that leveraged funds like YINN are designed for short-term trading and may not perform as expected over longer periods due to daily rebalancing.