Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Direxion Daily Energy Bear 2X Shares (PACF:ERY)
Long-Term Downtrend (-90) - ERY is in a strong downtrend that is likely to continue. While ERY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ERY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERY.
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 ERY
The long-term trend has been DOWN since Mar 1st, 2024 at 26.135
The intermediate-term trend has been DOWN since Jun 28th, 2024 at 22.650
The short-term trend has been DOWN since Jul 26th, 2024 at 22.535
Smart Scan Analysis for ERY
Based on our trend formula, ERY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.7500 | 22.9886 | 22.3900 | 22.5900 | -0.1700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.7600 | 364770 | 2024-07-26 15:59:45 |
| Year High | 60.45 | Year High Date | 2018-02-09 |
| Year Low | 29.0799 | Year Low Date | 2018-10-09 |
| 52wk High | 31.439 | 52wk High Date | 2024-01-18 |
| 52wk Low | 19.8 | 52wk Low Date | 2024-04-12 |
| Year End Close | 7.82 | Average Volume | 300,886 |
| Shares Outstanding | 218 | Assets | 824M |
| Beta | -3.62000000 | Volatility | 81.5 |