Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Direxion Daily Dow Jones Internet Bear 3X Shares (PACF:WEBS)
Strong Downtrend (-100) - WEBS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, WEBS continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid WEBS?
MarketClub looks at technical strength and momentum to determine if the timing is right for WEBS.
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 WEBS
The long-term trend has been DOWN since Nov 29th, 2023 at 11.21
The intermediate-term trend has been DOWN since May 6th, 2024 at 6.33
The short-term trend has been DOWN since Apr 26th, 2024 at 6.73
Smart Scan Analysis for WEBS
Based on our trend formula, WEBS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.5400 | 6.5400 | 6.3697 | 6.4200 | +0.0700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.3500 | 234515 | 2024-05-08 15:59:45 |
| 52wk High | 21.87 | 52wk High Date | 2023-05-09 |
| 52wk Low | 5.9477 | 52wk Low Date | 2024-03-21 |
| Average Volume | 750,130 |