Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Direxion Daily S&P 500 High Beta Bull 3X Shares (PACF:HIBL)

Crossroads (+60) - HIBL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HIBL?

MarketClub looks at technical strength and momentum to determine if the timing is right for HIBL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_HIBL
Open High Low HIBL Price Change
40.1000 40.7540 39.7401 40.5500 +0.1200
Entry Signal

MarketClub’s Trade Triangles for HIBL

long term up The long-term trend has been UP since Dec 13th, 2023 at 37.22

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 41.81

short term down The short-term trend has been DOWN since May 8th, 2024 at 39.81

Smart Scan Analysis for HIBL

Based on our trend formula, HIBL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HIBL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.1000 40.7540 39.7401 40.5500 +0.1200
Prev. Close Volume Bid Ask Time
40.4300 30041 2024-05-09 13:01:56
52wk High49.5452wk High Date2024-04-01
52wk Low2052wk Low Date2023-10-30
Average Volume89,225
Get a free daily analysis and signals for Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) - Request Your Free Report.