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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX)

Countertrend Down (-85) - SMCX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

NASDAQ_SMCX
Open High Low SMCX Price Change
52.4900 53.4000 48.5110 49.1201 -1.0699
Entry Signal

MarketClub’s Trade Triangles for SMCX

long term down The long-term trend has been DOWN since Aug 26th, 2024 at 18.7700

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 45.4500

short term up The short-term trend has been UP since Dec 24th, 2024 at 48.1428

Smart Scan Analysis for SMCX

Based on our trend formula, SMCX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SMCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.4900 53.4000 48.5110 49.1201 -1.0699
Prev. Close Volume Bid Ask Time
50.1900 766957 2024-12-26 14:18:52
52wk High412.252wk High Date2024-08-22
52wk Low16.80252wk Low Date2024-11-15
Average Volume2,576,348
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