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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Direxion Daily S&P Biotech Bull 3X Shares (PACF:LABU)
Weak Downtrend (-65) - LABU is showing signs of a strengthening downtrend. Monitor LABU as it may be building momentum to the downside.
Is it time to buy, sell, or avoid LABU?
MarketClub looks at technical strength and momentum to determine if the timing is right for LABU.
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 LABU
The long-term trend has been DOWN since Apr 5th, 2024 at 106.670
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 125.650
The short-term trend has been DOWN since May 8th, 2024 at 106.921
Smart Scan Analysis for LABU
Based on our trend formula, LABU is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 107.160 | 108.140 | 102.403 | 105.170 | -5.080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 110.250 | 2656594 | 2024-05-08 15:59:42 |
| Year High | 116.54 | Year High Date | 2018-01-29 |
| Year Low | 38.9 | Year Low Date | 2018-11-14 |
| 52wk High | 176.9899 | 52wk High Date | 2024-02-28 |
| 52wk Low | 48.402 | 52wk Low Date | 2023-10-31 |
| Average Volume | 2,394,773 | Shares Outstanding | 2,815 |
| Volatility | 140.03 |
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