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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Direxion Daily Real Estate Bull 3x Shares (PACF:DRN)
Sidelines Mode (+55) - DRN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for DRN
The long-term trend has been UP since Jul 12th, 2024 at 9.960
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 12.340
The short-term trend has been UP since Nov 19th, 2024 at 11.915
Smart Scan Analysis for DRN
Based on our trend formula, DRN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.9500 | 12.0421 | 11.7200 | 11.9900 | -0.0600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.0000 | 697325 | 2024-11-20 15:59:31 |
| Year High | 24.41 | Year High Date | 2018-08-20 |
| Year Low | 14.6819 | Year Low Date | 2018-02-12 |
| 52wk High | 14.07 | 52wk High Date | 2024-09-16 |
| 52wk Low | 7.07 | 52wk Low Date | 2024-04-18 |
| Year End Close | 77.5 | Average Volume | 1,013,791 |
| Shares Outstanding | 663 | Assets | 949M |
| Beta | 3.1 | Volatility | 41.78 |