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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Direxion Daily Energy Bear 2X Shares (PACF:ERY)

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

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

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

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

PACF_ERY
Open High Low ERY Price Change
21.970 22.000 21.235 21.540 -0.480
Entry Signal

MarketClub’s Trade Triangles for ERY

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 26.1350

intermediate term down The intermediate-term trend has been DOWN since Jan 30th, 2024 at 27.6800

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 21.2901

Smart Scan Analysis for ERY

Based on our trend formula, ERY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ERY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.970 22.000 21.235 21.540 -0.480
Prev. Close Volume Bid Ask Time
22.020 348812 2024-04-19 15:58:59
Year High60.45Year High Date2018-02-09
Year Low29.0799Year Low Date2018-10-09
52wk High35.8952wk High Date2023-06-01
52wk Low19.852wk Low Date2024-04-12
Year End Close7.82Average Volume328,933
Shares Outstanding604Assets824M
Beta-3.62000000Volatility81.5
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