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Stock Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X 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
4.910 4.990 4.760 4.825 -0.095
Entry Signal

MarketClub’s Trade Triangles for DRIP

long term down The long-term trend has been DOWN since Sep 27th, 2021 at 6.6100

intermediate term down The intermediate-term trend has been DOWN since Aug 27th, 2021 at 8.6900

short term up The short-term trend has been UP since Oct 28th, 2021 at 4.9399

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
4.910 4.990 4.760 4.825 -0.095
Prev. Close Volume Bid Ask Time
4.920 6453454 2021-10-28 15:21:11
Year High19.26Year High Date2018-02-09
Year Low4.88Year Low Date2018-10-04
52wk High79.93952wk High Date2020-10-29
52wk Low4.408452wk Low Date2021-10-25
Average Volume7,398,181Shares Outstanding18,296
Volatility116.61
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