Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
Direxion Emerging Markets Bear 3X Shares (PACF:EDZ)
Strong Downtrend (-100) - EDZ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EDZ continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EDZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for EDZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EDZ
The long-term trend has been DOWN since Dec 14th, 2023 at 11.8377
The intermediate-term trend has been DOWN since May 2nd, 2024 at 9.8900
The short-term trend has been DOWN since May 2nd, 2024 at 10.1200
Smart Scan Analysis for EDZ
Based on our trend formula, EDZ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.53 | 9.68 | 9.50 | 9.57 | -0.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.73 | 57639 | 2024-05-03 12:53:44 |
| Year High | 73.3037 | Year High Date | 2018-10-29 |
| Year Low | 33.35 | Year Low Date | 2018-01-26 |
| 52wk High | 15.64 | 52wk High Date | 2023-10-23 |
| 52wk Low | 9.67 | 52wk Low Date | 2024-05-02 |
| Year End Close | 9.02 | Average Volume | 107,841 |
| Shares Outstanding | 3,045 | Assets | 958M |
| Beta | -3.52000000 | Volatility | 82.38 |