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Stock Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Direxion Energy Bull 2X Shares (PACF:ERX)
Sidelines Mode (-55) - ERX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Feb 22nd, 2023 at 58.96
The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 64.81
The short-term trend has been UP since Mar 28th, 2023 at 54.44
Smart Scan Analysis for ERX
Based on our trend formula, ERX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 57.9700 | 58.1400 | 56.8704 | 57.5500 | +0.5100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.0400 | 874329 | 2023-03-30 15:59:39 |
| Year High | 44.29 | Year High Date | 2018-01-24 |
| Year Low | 20.8801 | Year Low Date | 2018-11-23 |
| 52wk High | 80.27 | 52wk High Date | 2022-06-08 |
| 52wk Low | 38.93 | 52wk Low Date | 2022-07-14 |
| Year End Close | 48.48 | Average Volume | 1,385,812 |
| Shares Outstanding | 6,914 | Assets | 2,144M |
| Beta | 4.07 | Volatility | 84.27 |