Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Direxion Daily Retail Bull 3X Shares ETF (PACF:RETL)
Countertrend Up (+85) - RETL 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 RETL?
MarketClub looks at technical strength and momentum to determine if the timing is right for RETL.
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 RETL
The long-term trend has been UP since Dec 1st, 2023 at 7.1500
The intermediate-term trend has been UP since May 6th, 2024 at 9.0000
The short-term trend has been DOWN since May 8th, 2024 at 8.6976
Smart Scan Analysis for RETL
Based on our trend formula, RETL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.880 | 9.165 | 8.860 | 9.100 | +0.270 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.830 | 177544 | 2024-05-09 14:04:05 |
| Year High | 53.31 | Year High Date | 2018-08-22 |
| Year Low | 29.11 | Year Low Date | 2018-11-20 |
| 52wk High | 11.4 | 52wk High Date | 2024-04-01 |
| 52wk Low | 4.8297 | 52wk Low Date | 2023-11-01 |
| Year End Close | 99.26 | Average Volume | 256,437 |
| Shares Outstanding | 295 | Assets | 117M |
| Volatility | 73.53 |