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Stock Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

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.

PACF_ERY
Open High Low ERY Price Change
10.840 10.875 10.760 10.850 +0.180
Entry Signal

MarketClub’s Trade Triangles for ERY

long term down The long-term trend has been DOWN since Sep 28th, 2021 at 13.1400

intermediate term down The intermediate-term trend has been DOWN since Sep 14th, 2021 at 15.7000

short term down The short-term trend has been DOWN since Sep 23rd, 2021 at 15.2099

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
10.840 10.875 10.760 10.850 +0.180
Prev. Close Volume Bid Ask Time
10.670 449280 2021-10-21 10:52:04
Year High60.45Year High Date2018-02-09
Year Low29.0799Year Low Date2018-10-09
52wk High83.3452wk High Date2020-10-29
52wk Low10.6752wk Low Date2021-10-20
Year End Close7.82Average Volume1,573,373
Shares Outstanding3,007Assets824M
Beta-3.62Volatility81.5
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