Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

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

Sidelines Mode (-55) - EVAV 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 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
19.0600 20.0300 18.8300 20.0300 +0.9607
Entry Signal

MarketClub’s Trade Triangles for EVAV

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 13.70

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2024 at 17.52

short term up The short-term trend has been UP since Nov 21st, 2024 at 18.45

Smart Scan Analysis for EVAV

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

-55
Smart Scan Analysis for EVAV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.0600 20.0300 18.8300 20.0300 +0.9607
Prev. Close Volume Bid Ask Time
19.0693 7698 2024-11-22 11:03:06
52wk High48.1252wk High Date2023-12-28
52wk Low13.199652wk Low Date2024-08-07
Average Volume20,439
Get a free daily analysis and signals for Direxion Shares ETF Trust Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) - Request Your Free Report.