Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Direxion Daily Real Estate Bull 3x Shares (PACF:DRN)
Bear Market Rally (-75) - DRN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DRN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DRN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRN.
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 DRN
The long-term trend has been DOWN since Apr 11th, 2024 at 8.2001
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 9.0400
The short-term trend has been UP since Apr 22nd, 2024 at 7.4000
Smart Scan Analysis for DRN
Based on our trend formula, DRN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.5100 | 7.6299 | 7.3300 | 7.5800 | -0.1300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.7100 | 861342 | 2024-04-25 15:59:59 |
| Year High | 24.41 | Year High Date | 2018-08-20 |
| Year Low | 14.6819 | Year Low Date | 2018-02-12 |
| 52wk High | 11 | 52wk High Date | 2023-12-28 |
| 52wk Low | 5.535 | 52wk Low Date | 2023-10-30 |
| Year End Close | 77.5 | Average Volume | 1,043,211 |
| Shares Outstanding | 1,369 | Assets | 949M |
| Beta | 3.1 | Volatility | 41.78 |