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Stock Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

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

Sidelines Mode (-55) - ERY 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 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
24.84 25.19 24.52 25.18 -0.02
Entry Signal

MarketClub’s Trade Triangles for ERY

long term down The long-term trend has been DOWN since Jul 25th, 2023 at 27.21

intermediate term down The intermediate-term trend has been DOWN since Jun 7th, 2023 at 31.70

short term up The short-term trend has been UP since Sep 20th, 2023 at 24.34

Smart Scan Analysis for ERY

Based on our trend formula, ERY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ERY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.84 25.19 24.52 25.18 -0.02
Prev. Close Volume Bid Ask Time
25.19 237038 2023-09-22 15:59:46
Year High60.45Year High Date2018-02-09
Year Low29.0799Year Low Date2018-10-09
52wk High51.4552wk High Date2022-09-26
52wk Low23.1952wk Low Date2023-09-19
Year End Close7.82Average Volume351,736
Shares Outstanding1,115Assets824M
Beta-3.62000000Volatility81.5
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