Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

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

Bear Market Rally (-75) - DRN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DRN as it may be in the beginning of a reversal.

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
8.9200 9.0699 8.8900 9.0050 +0.3450
Entry Signal

MarketClub’s Trade Triangles for DRN

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 9.1900

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2023 at 11.3892

short term up The short-term trend has been UP since Mar 29th, 2023 at 8.4999

Smart Scan Analysis for DRN

Based on our trend formula, DRN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DRN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.9200 9.0699 8.8900 9.0050 +0.3450
Prev. Close Volume Bid Ask Time
8.6600 780950 2023-03-30 15:59:46
Year High24.41Year High Date2018-08-20
Year Low14.6819Year Low Date2018-02-12
52wk High29.3552wk High Date2022-04-21
52wk Low7.3452wk Low Date2022-10-13
Year End Close77.5Average Volume794,154
Shares Outstanding4,950Assets949M
Beta3.1Volatility41.78
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