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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Direxion Energy Bull 2X Shares (PACF:ERX)

Bull Market Weakness (+75) - ERX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ERX as it may be in the beginning stages of a reversal.

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

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

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

PACF_ERX
Open High Low ERX Price Change
72.200 73.105 71.370 72.330 -0.540
Entry Signal

MarketClub’s Trade Triangles for ERX

long term up The long-term trend has been UP since Mar 1st, 2024 at 60.11

intermediate term up The intermediate-term trend has been UP since Jan 30th, 2024 at 56.74

short term up The short-term trend has been UP since Apr 19th, 2024 at 72.10

Smart Scan Analysis for ERX

Based on our trend formula, ERX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ERX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.200 73.105 71.370 72.330 -0.540
Prev. Close Volume Bid Ask Time
72.870 120415 2024-04-24 11:00:03
Year High44.29Year High Date2018-01-24
Year Low20.8801Year Low Date2018-11-23
52wk High77.5252wk High Date2024-04-12
52wk Low48.3952wk Low Date2023-06-01
Year End Close48.48Average Volume541,892
Shares Outstanding722Assets2,144M
Beta4.07Volatility84.27
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