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Stock Trend Analysis Report

Prepared for you on Saturday, July 13, 2024.

Direxion Financial Bear 3X Shares (PACF:FAZ)

Long-Term Downtrend (-90) - FAZ is in a strong downtrend that is likely to continue. While FAZ 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 FAZ?

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

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

PACF_FAZ
Open High Low FAZ Price Change
9.900 9.975 9.645 9.785 -0.055
Entry Signal

MarketClub’s Trade Triangles for FAZ

long term down The long-term trend has been DOWN since Nov 29th, 2023 at 16.4000

intermediate term down The intermediate-term trend has been DOWN since Jun 24th, 2024 at 10.3310

short term down The short-term trend has been DOWN since Jul 1st, 2024 at 10.4201

Smart Scan Analysis for FAZ

Based on our trend formula, FAZ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FAZ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.900 9.975 9.645 9.785 -0.055
Prev. Close Volume Bid Ask Time
9.780 3134239 2024-07-12 15:59:21
Year High13.39Year High Date2018-02-09
Year Low8.8Year Low Date2018-09-21
52wk High23.76552wk High Date2023-10-27
52wk Low9.73552wk Low Date2024-03-28
Year End Close15.11Average Volume1,908,034
Shares Outstanding2,452Assets5,447M
Beta-3.31000000Volatility56.99
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