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Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Direxion Daily Real Estate Bear 3X Shares (PACF:DRV)
Countertrend Down (-85) - DRV is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DRV?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRV.
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 DRV
The long-term trend has been DOWN since Dec 1st, 2023 at 44.8500
The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 55.8000
The short-term trend has been UP since Dec 8th, 2023 at 42.9981
Smart Scan Analysis for DRV
Based on our trend formula, DRV is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.900 | 43.980 | 42.350 | 42.745 | +0.385 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.740 | 206976 | 2023-12-08 15:58:39 |
| Year High | 15.6192 | Year High Date | 2018-02-09 |
| Year Low | 8.5037 | Year Low Date | 2018-08-20 |
| 52wk High | 72.19 | 52wk High Date | 2023-10-30 |
| 52wk Low | 35.44 | 52wk Low Date | 2023-02-02 |
| Year End Close | 20.7036 | Average Volume | 244,900 |
| Shares Outstanding | 2,534 | Assets | 181M |
| Beta | -2.40000000 | Volatility | 40.9 |