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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.

PACF_DRV
Open High Low DRV Price Change
42.900 43.980 42.350 42.745 +0.385
Entry Signal

MarketClub’s Trade Triangles for DRV

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 44.8500

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 55.8000

short term up 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).

-85
Smart Scan Analysis for DRV
Strong Downtrend Sideways 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 High15.6192Year High Date2018-02-09
Year Low8.5037Year Low Date2018-08-20
52wk High72.1952wk High Date2023-10-30
52wk Low35.4452wk Low Date2023-02-02
Year End Close20.7036Average Volume244,900
Shares Outstanding2,534Assets181M
Beta-2.40000000Volatility40.9
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