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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Direxion Shares ETF Trust Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (PACF:EVAV)

Strong Downtrend (-100) - EVAV is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EVAV continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EVAV?

MarketClub looks at technical strength and momentum to determine if the timing is right for EVAV.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_EVAV
Open High Low EVAV Price Change
15.9900 16.1700 15.3824 15.3824 -0.9331
Entry Signal

MarketClub’s Trade Triangles for EVAV

long term down The long-term trend has been DOWN since Oct 5th, 2023 at 51.73

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2024 at 37.33

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 21.18

Smart Scan Analysis for EVAV

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

-100
Smart Scan Analysis for EVAV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.9900 16.1700 15.3824 15.3824 -0.9331
Prev. Close Volume Bid Ask Time
16.3155 7952 2024-04-19 15:48:14
52wk High107.7252wk High Date2023-08-01
52wk Low15.8752wk Low Date2024-04-16
Average Volume8,371
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