MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD) Shares Gap Up – Time to Buy?

MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARDGet Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $6.75, but opened at $6.94. MAX Auto Industry -3x Inverse Leveraged ETN shares last traded at $6.96, with a volume of 7,051 shares changing hands.

MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance

The business’s 50-day simple moving average is $7.13 and its 200 day simple moving average is $9.51.

About MAX Auto Industry -3x Inverse Leveraged ETN

(Get Free Report)

The MAX Auto Industry -3x Inverse Leveraged ETN (CARD) is an exchange-traded fund that is based on the Prime Auto Industry index. The fund is an exchange-traded note that tracks -3x the daily price movements of an index consisting of US-listed companies in the broader auto industry ecosystem. The index selects equities by market-cap and weights the resulting portfolio by liquidity.

See Also

Receive News & Ratings for MAX Auto Industry -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX Auto Industry -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.