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Stock Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

Direxion Daily Energy Bear 2X Shares (PACF:ERY)

Long-Term Uptrend (+90) - ERY is in a strong uptrend that is likely to continue. While ERY 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 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.

PACF_ERY
Open High Low ERY Price Change
51.2800 54.4300 50.4199 50.9200 -1.4100
Entry Signal

MarketClub’s Trade Triangles for ERY

long term up The long-term trend has been UP since May 31st, 2022 at 7.79

intermediate term up The intermediate-term trend has been UP since May 31st, 2022 at 5.22

short term up The short-term trend has been UP since Jun 30th, 2022 at 51.68

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).

+90
Smart Scan Analysis for ERY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.2800 54.4300 50.4199 50.9200 -1.4100
Prev. Close Volume Bid Ask Time
50.8400 1464310 2022-07-01 15:59:38
Year High60.45Year High Date2018-02-09
Year Low29.0799Year Low Date2018-10-09
52wk High55.852wk High Date2022-06-23
52wk Low3.752wk Low Date2022-05-27
Year End Close7.82Average Volume1,889,691
Shares Outstanding8,807Assets824M
Beta-3.62000000Volatility81.5
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