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Stock Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Direxion Emerging Markets Bull 3X Shares (PACF:EDC)

Long-Term Downtrend (-90) - EDC is in a strong downtrend that is likely to continue. While EDC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EDC?

MarketClub looks at technical strength and momentum to determine if the timing is right for EDC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_EDC
Open High Low EDC Price Change
28.0400 28.5125 26.2700 26.7500 -1.5500
Entry Signal

MarketClub’s Trade Triangles for EDC

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 69.35

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 87.67

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 27.13

Smart Scan Analysis for EDC

Based on our trend formula, EDC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EDC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.0400 28.5125 26.2700 26.7500 -1.5500
Prev. Close Volume Bid Ask Time
28.9400 292623 2020-04-03 15:59:47
Year High168.7Year High Date2018-01-26
Year Low55.46Year Low Date2018-10-29
52wk High98.152wk High Date2020-01-13
52wk Low21.0652wk Low Date2020-03-18
Year End Close109.28Average Volume428,994
Shares Outstanding2,982Assets3,250M
Beta3.97Volatility82.63
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