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Stock Trend Analysis Report
Prepared for you on Tuesday, October 15, 2024.
Direxion Shares ETF Trust Direxion HCM Tactical Enhanced US ETF (PACF:HCMT)
Crossroads (+60) - HCMT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HCMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for HCMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HCMT
The long-term trend has been DOWN since Aug 5th, 2024 at 27.8319
The intermediate-term trend has been UP since Aug 19th, 2024 at 33.7100
The short-term trend has been UP since Oct 8th, 2024 at 35.1100
Smart Scan Analysis for HCMT
Based on our trend formula, HCMT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.1200 | 36.6504 | 36.1200 | 36.4700 | +0.5108 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.4700 | 32445 | 2024-10-14 15:59:54 |
| 52wk High | 36.73 | 52wk High Date | 2024-07-11 |
| 52wk Low | 22.82 | 52wk Low Date | 2023-10-23 |
| Average Volume | 47,878 |