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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Direxion Daily S&P 500 High Beta Bear 3X Shares (PACF:HIBS)
Crossroads (-60) - HIBS 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 HIBS?
MarketClub looks at technical strength and momentum to determine if the timing is right for HIBS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HIBS
The long-term trend has been DOWN since Dec 8th, 2023 at 35.87
The intermediate-term trend has been UP since Apr 12th, 2024 at 26.03
The short-term trend has been UP since May 8th, 2024 at 26.29
Smart Scan Analysis for HIBS
Based on our trend formula, HIBS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.51 | 26.65 | 25.80 | 25.85 | +0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.87 | 119986 | 2024-05-08 15:59:27 |
| 52wk High | 63.183 | 52wk High Date | 2023-10-30 |
| 52wk Low | 21.75 | 52wk Low Date | 2024-04-01 |
| Average Volume | 268,920 |