Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (PACF:DRIP)
Long-Term Downtrend (-90) - DRIP is in a strong downtrend that is likely to continue. While DRIP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DRIP
The long-term trend has been DOWN since Nov 18th, 2024 at 9.395
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 10.045
The short-term trend has been DOWN since Nov 6th, 2024 at 10.980
Smart Scan Analysis for DRIP
Based on our trend formula, DRIP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.560 | 9.690 | 9.375 | 9.560 | +0.150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.550 | 3999669 | 2024-11-19 15:59:10 |
| 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 | 3,880,859 | Shares Outstanding | 473 |
| Volatility | 116.61 |