Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Sunday, May 5, 2024.

Direxion Technology Bear 3X Shares (PACF:TECS)

Weak Downtrend (-65) - TECS is showing signs of a strengthening downtrend. Monitor TECS as it may be building momentum to the downside.

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

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

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

PACF_TECS
Open High Low TECS Price Change
8.330 8.419 8.200 8.300 -0.750
Entry Signal

MarketClub’s Trade Triangles for TECS

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 12.625

intermediate term up The intermediate-term trend has been UP since Apr 4th, 2024 at 8.135

short term down The short-term trend has been DOWN since May 3rd, 2024 at 8.560

Smart Scan Analysis for TECS

Based on our trend formula, TECS is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TECS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.330 8.419 8.200 8.300 -0.750
Prev. Close Volume Bid Ask Time
8.310 22960439 2024-05-03 15:59:51
Year High38.35Year High Date2018-02-09
Year Low17.59Year Low Date2018-10-03
52wk High23.452wk High Date2023-05-04
52wk Low7.2552wk Low Date2024-03-21
Year End Close9.36Average Volume17,424,543
Shares Outstanding19,543Assets229M
Beta-2.93000000Volatility96.84
Get a free daily analysis and signals for Direxion Technology Bear 3X Shares (TECS) - Request Your Free Report.