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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for ERX
The long-term trend has been UP since Mar 1st, 2024 at 60.11
The intermediate-term trend has been UP since Jul 1st, 2024 at 66.17
The short-term trend has been UP since Jul 26th, 2024 at 66.05
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 65.390 | 66.570 | 64.841 | 66.020 | +0.650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 65.370 | 307581 | 2024-07-26 15:59:50 |
| Year High | 44.29 | Year High Date | 2018-01-24 |
| Year Low | 20.8801 | Year Low Date | 2018-11-23 |
| 52wk High | 77.52 | 52wk High Date | 2024-04-12 |
| 52wk Low | 50 | 52wk Low Date | 2024-01-18 |
| Year End Close | 48.48 | Average Volume | 475,441 |
| Shares Outstanding | 340 | Assets | 2,144M |
| Beta | 4.07 | Volatility | 84.27 |