Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, July 17, 2024.

Direxion Daily Real Estate Bear 3X Shares (PACF:DRV)

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

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.

PACF_DRV
Open High Low DRV Price Change
31.66 31.66 30.15 30.95 -0.52
Entry Signal

MarketClub’s Trade Triangles for DRV

long term down The long-term trend has been DOWN since Jul 11th, 2024 at 34.73

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2024 at 36.94

short term up The short-term trend has been UP since Jul 9th, 2024 at 38.14

Smart Scan Analysis for DRV

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

-75
Smart Scan Analysis for DRV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.66 31.66 30.15 30.95 -0.52
Prev. Close Volume Bid Ask Time
31.47 140821 2024-07-17 12:56:42
Year High15.6192Year High Date2018-02-09
Year Low8.5037Year Low Date2018-08-20
52wk High72.1952wk High Date2023-10-30
52wk Low31.452wk Low Date2024-07-16
Year End Close20.7036Average Volume101,938
Shares Outstanding126Assets181M
Beta-2.40000000Volatility40.9
Get a free daily analysis and signals for Direxion Daily Real Estate Bear 3X Shares (DRV) - Request Your Free Report.