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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (PACF:DRIP)

Strong Downtrend (-100) - DRIP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DRIP continues to fall. Traders should use caution and set stops.

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

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

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

PACF_DRIP
Open High Low DRIP Price Change
8.79 8.82 8.64 8.64 -0.23
Entry Signal

MarketClub’s Trade Triangles for DRIP

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 10.5050

intermediate term down The intermediate-term trend has been DOWN since Jan 30th, 2024 at 11.4400

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 8.8022

Smart Scan Analysis for DRIP

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

-100
Smart Scan Analysis for DRIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.79 8.82 8.64 8.64 -0.23
Prev. Close Volume Bid Ask Time
8.87 841639 2024-03-28 12:43:50
Year High19.26Year High Date2018-02-09
Year Low4.88Year Low Date2018-10-04
52wk High17.3652wk High Date2023-05-04
52wk Low8.802252wk Low Date2024-03-25
Average Volume1,349,133Shares Outstanding1,631
Volatility116.61
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