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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.

PACF_EDC
Open High Low EDC Price Change
25.80 26.19 25.80 26.12 -0.35
Entry Signal

MarketClub’s Trade Triangles for EDC

long term down The long-term trend has been DOWN since Aug 18th, 2023 at 26.9336

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2023 at 31.7150

short term down 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).

-90
Smart Scan Analysis for EDC
Strong Downtrend Sideways 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 High168.7Year High Date2018-01-26
Year Low55.46Year Low Date2018-10-29
52wk High41.1652wk High Date2023-01-26
52wk Low20.342252wk Low Date2022-10-24
Year End Close109.28Average Volume64,105
Shares Outstanding2,082Assets3,250M
Beta3.97Volatility82.63
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