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Stock Trend Analysis Report

Prepared for you on Friday, April 23, 2021.

Direxion Daily Real Estate Bull 3x Shares (PACF:DRN)

Long-Term Uptrend (+90) - DRN is in a strong uptrend that is likely to continue. While DRN 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 DRN?

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

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

PACF_DRN
Open High Low DRN Price Change
19.100 19.190 18.532 18.690 -0.250
Entry Signal

MarketClub’s Trade Triangles for DRN

long term up The long-term trend has been UP since Nov 9th, 2020 at 12.15

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2021 at 15.53

short term up The short-term trend has been UP since Apr 13th, 2021 at 17.20

Smart Scan Analysis for DRN

Based on our trend formula, DRN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DRN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.100 19.190 18.532 18.690 -0.250
Prev. Close Volume Bid Ask Time
18.690 586331 2021-04-22 15:59:43
Year High24.41Year High Date2018-08-20
Year Low14.6819Year Low Date2018-02-12
52wk High19.0652wk High Date2021-04-21
52wk Low6.2152wk Low Date2020-05-14
Year End Close77.5Average Volume408,855
Shares Outstanding6,650Assets949M
Beta3.1Volatility41.78
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