Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

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

Countertrend Up (+85) - DRN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
13.010 13.045 12.510 12.650 -0.580
Entry Signal

MarketClub’s Trade Triangles for DRN

long term up The long-term trend has been UP since Jul 12th, 2024 at 9.9600

intermediate term up The intermediate-term trend has been UP since Nov 25th, 2024 at 12.5799

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 12.8101

Smart Scan Analysis for DRN

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

+85
Smart Scan Analysis for DRN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.010 13.045 12.510 12.650 -0.580
Prev. Close Volume Bid Ask Time
13.230 1226644 2024-12-02 16:00:00
Year High24.41Year High Date2018-08-20
Year Low14.6819Year Low Date2018-02-12
52wk High14.0752wk High Date2024-09-16
52wk Low7.0752wk Low Date2024-04-18
Year End Close77.5Average Volume938,791
Shares Outstanding663Assets949M
Beta3.1Volatility41.78
Get a free daily analysis and signals for Direxion Daily Real Estate Bull 3x Shares (DRN) - Request Your Free Report.