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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.

PACF_ERX
Open High Low ERX Price Change
57.9700 58.1400 56.8704 57.5500 +0.5100
Entry Signal

MarketClub’s Trade Triangles for ERX

long term down The long-term trend has been DOWN since Feb 22nd, 2023 at 58.96

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 64.81

short term up 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).

-55
Smart Scan Analysis for ERX
Strong Downtrend Sideways 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 High44.29Year High Date2018-01-24
Year Low20.8801Year Low Date2018-11-23
52wk High80.2752wk High Date2022-06-08
52wk Low38.9352wk Low Date2022-07-14
Year End Close48.48Average Volume1,385,812
Shares Outstanding6,914Assets2,144M
Beta4.07Volatility84.27
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