Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Direxion Daily S&P Biotech Bear 3X Shares (PACF:LABD)
Countertrend Up (+85) - LABD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid LABD?
MarketClub looks at technical strength and momentum to determine if the timing is right for LABD.
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 LABD
The long-term trend has been UP since Apr 19th, 2024 at 10.67
The intermediate-term trend has been UP since Mar 18th, 2024 at 7.81
The short-term trend has been DOWN since Apr 23rd, 2024 at 10.01
Smart Scan Analysis for LABD
Based on our trend formula, LABD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.96 | 10.44 | 9.83 | 10.35 | +0.28 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.07 | 11162317 | 2024-04-24 15:59:41 |
| Year High | 47 | Year High Date | 2018-01-02 |
| Year Low | 21.3501 | Year Low Date | 2018-08-30 |
| 52wk High | 29.92 | 52wk High Date | 2023-10-31 |
| 52wk Low | 5.72 | 52wk Low Date | 2024-03-04 |
| Average Volume | 15,777,368 | Shares Outstanding | 18,000 |
| Volatility | 136.99 |