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Stock Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
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.
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MarketClub’s Trade Triangles for EDC
The long-term trend has been DOWN since Aug 18th, 2023 at 26.9336
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 31.7150
The short-term trend has been DOWN since Sep 18th, 2023 at 28.0400
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.80 | 26.19 | 25.80 | 26.12 | -0.35 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.12 | 29922 | 2023-09-25 15:59:54 |
| Year High | 168.7 | Year High Date | 2018-01-26 |
| Year Low | 55.46 | Year Low Date | 2018-10-29 |
| 52wk High | 41.16 | 52wk High Date | 2023-01-26 |
| 52wk Low | 20.3422 | 52wk Low Date | 2022-10-24 |
| Year End Close | 109.28 | Average Volume | 64,105 |
| Shares Outstanding | 2,082 | Assets | 3,250M |
| Beta | 3.97 | Volatility | 82.63 |