Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Direxion Emerging Markets Bull 3X Shares (PACF:EDC)
Countertrend Up (+85) - EDC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid EDC?
MarketClub looks at technical strength and momentum to determine if the timing is right for EDC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EDC
The long-term trend has been UP since Dec 28th, 2023 at 30.0000
The intermediate-term trend has been UP since May 2nd, 2024 at 31.9999
The short-term trend has been DOWN since May 8th, 2024 at 32.1800
Smart Scan Analysis for EDC
Based on our trend formula, EDC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.660 | 32.350 | 31.660 | 32.305 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.260 | 57135 | 2024-05-08 15:58:23 |
| Year High | 168.7 | Year High Date | 2018-01-26 |
| Year Low | 55.46 | Year Low Date | 2018-10-29 |
| 52wk High | 35.9105 | 52wk High Date | 2023-07-31 |
| 52wk Low | 22.05 | 52wk Low Date | 2023-10-31 |
| Year End Close | 109.28 | Average Volume | 72,705 |
| Shares Outstanding | 2,082 | Assets | 3,250M |
| Beta | 3.97 | Volatility | 82.63 |