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Stock Trend Analysis Report
Prepared for you on Friday, May 14, 2021.
Direxion Energy Bull 2X Shares (PACF:ERX)
Countertrend Up (+85) - ERX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for ERX
The long-term trend has been UP since Nov 24th, 2020 at 16.16
The intermediate-term trend has been UP since Apr 29th, 2021 at 24.78
The short-term trend has been DOWN since May 13th, 2021 at 26.08
Smart Scan Analysis for ERX
Based on our trend formula, ERX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.73 | 27.97 | 26.73 | 27.79 | +1.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.13 | 3927703 | 2021-05-14 15:59:51 |
| Year High | 44.29 | Year High Date | 2018-01-24 |
| Year Low | 20.8801 | Year Low Date | 2018-11-23 |
| 52wk High | 29.55 | 52wk High Date | 2021-05-10 |
| 52wk Low | 7.48 | 52wk Low Date | 2020-10-29 |
| Year End Close | 48.48 | Average Volume | 4,564,210 |
| Shares Outstanding | 25,264 | Assets | 2,144M |
| Beta | 4.07 | Volatility | 84.27 |