Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (PACF:DRIP)
Crossroads (+60) - DRIP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for DRIP
The long-term trend has been DOWN since Mar 1st, 2024 at 10.505
The intermediate-term trend has been UP since Jul 25th, 2024 at 10.100
The short-term trend has been UP since Jul 19th, 2024 at 9.440
Smart Scan Analysis for DRIP
Based on our trend formula, DRIP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.800 | 9.980 | 9.645 | 9.700 | -0.070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.770 | 2331675 | 2024-07-26 15:59:51 |
| Year High | 19.26 | Year High Date | 2018-02-09 |
| Year Low | 4.88 | Year Low Date | 2018-10-04 |
| 52wk High | 13.195 | 52wk High Date | 2024-01-18 |
| 52wk Low | 7.865 | 52wk Low Date | 2024-04-12 |
| Average Volume | 1,477,104 | Shares Outstanding | 473 |
| Volatility | 116.61 |