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Stock Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Direxion Energy Bull 2X Shares (PACF:ERX)

Long-Term Uptrend (+90) - ERX is in a strong uptrend that is likely to continue. While ERX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
23.9500 24.4800 23.5200 24.0611 +1.3811
Entry Signal

MarketClub’s Trade Triangles for ERX

long term up The long-term trend has been UP since Nov 24th, 2020 at 16.160

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2021 at 19.260

short term up The short-term trend has been UP since Feb 16th, 2021 at 19.685

Smart Scan Analysis for ERX

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

+90
Smart Scan Analysis for ERX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.9500 24.4800 23.5200 24.0611 +1.3811
Prev. Close Volume Bid Ask Time
22.6800 4462200 2021-03-01 14:27:40
Year High44.29Year High Date2018-01-24
Year Low20.8801Year Low Date2018-11-23
52wk High8452wk High Date2020-03-03
52wk Low552wk Low Date2020-03-18
Year End Close48.48Average Volume5,982,544
Shares Outstanding28,514Assets2,144M
Beta4.07Volatility84.27
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