Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
Direxion Daily Aerospace & Defense Bull 3X Shares (PACF:DFEN)
Long-Term Uptrend (+90) - DFEN is in a strong uptrend that is likely to continue. While DFEN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DFEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DFEN.
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 DFEN
The long-term trend has been UP since Dec 1st, 2023 at 20.98
The intermediate-term trend has been UP since May 3rd, 2024 at 26.62
The short-term trend has been UP since Apr 29th, 2024 at 25.70
Smart Scan Analysis for DFEN
Based on our trend formula, DFEN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.06 | 27.51 | 26.81 | 27.30 | +0.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.64 | 215931 | 2024-05-06 15:59:44 |
| Year High | 64.5 | Year High Date | 2018-10-01 |
| Year Low | 36.365 | Year Low Date | 2018-10-29 |
| 52wk High | 26.91 | 52wk High Date | 2024-03-28 |
| 52wk Low | 13.3097 | 52wk Low Date | 2023-10-06 |
| Average Volume | 272,082 | Shares Outstanding | 203 |
| Volatility | 77.05 |