Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Direxion Emerging Markets Bear 3X Shares (PACF:EDZ)
Bear Market Rally (-75) - EDZ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EDZ as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EDZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for EDZ.
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 EDZ
The long-term trend has been DOWN since Sep 24th, 2024 at 8.1027
The intermediate-term trend has been DOWN since Sep 19th, 2024 at 8.6400
The short-term trend has been DOWN since Oct 18th, 2024 at 7.3200
Smart Scan Analysis for EDZ
Based on our trend formula, EDZ is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.5300 | 7.5300 | 7.4099 | 7.4200 | +0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.4100 | 265259 | 2024-10-22 15:57:30 |
| Year High | 73.3037 | Year High Date | 2018-10-29 |
| Year Low | 33.35 | Year Low Date | 2018-01-26 |
| 52wk High | 15.64 | 52wk High Date | 2023-10-23 |
| 52wk Low | 6.5701 | 52wk Low Date | 2024-10-07 |
| Year End Close | 9.02 | Average Volume | 288,065 |
| Shares Outstanding | 3,045 | Assets | 958M |
| Beta | -3.52000000 | Volatility | 82.38 |