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Stock Trend Analysis Report

Prepared for you on Monday, May 6, 2024.

Direxion Daily S&P 500 Bull 2X Shares (PACF:SPUU)

Bull Market Weakness (+75) - SPUU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPUU as it may be in the beginning stages of a reversal.

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

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

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

PACF_SPUU
Open High Low SPUU Price Change
117.8700 118.6500 117.8700 118.6500 +1.8759
Entry Signal

MarketClub’s Trade Triangles for SPUU

long term up The long-term trend has been UP since Dec 1st, 2023 at 96.000

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 117.965

short term up The short-term trend has been UP since May 3rd, 2024 at 115.870

Smart Scan Analysis for SPUU

Based on our trend formula, SPUU is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPUU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.8700 118.6500 117.8700 118.6500 +1.8759
Prev. Close Volume Bid Ask Time
116.7741 12285 2024-05-06 15:43:51
Year High59.33Year High Date2018-09-21
Year Low44.51Year Low Date2018-05-02
52wk High123.8852wk High Date2024-03-28
52wk Low77.352wk Low Date2023-10-27
Average Volume17,174Shares Outstanding533
Volatility43.57
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