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Stock Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (PACF:DRIP)

Countertrend Down (-85) - DRIP 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 DRIP?

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

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

PACF_DRIP
Open High Low DRIP Price Change
6.74 7.03 6.57 6.86 +0.24
Entry Signal

MarketClub’s Trade Triangles for DRIP

long term down The long-term trend has been DOWN since Mar 27th, 2020 at 50.35

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2020 at 160.08

short term up The short-term trend has been UP since May 29th, 2020 at 6.70

Smart Scan Analysis for DRIP

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

-85
Smart Scan Analysis for DRIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.74 7.03 6.57 6.86 +0.24
Prev. Close Volume Bid Ask Time
24.25 6093173 2020-05-29 15:59:45
Year High19.26Year High Date2018-02-09
Year Low4.88Year Low Date2018-10-04
52wk High59.65208352wk High Date2020-03-12
52wk Low3.09583352wk Low Date2019-04-23
Average Volume2,727,308Shares Outstanding170
Volatility116.61
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