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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Direxion Shares ETF Trust Direxion HCM Tactical Enhanced US ETF (PACF:HCMT)
Weak Uptrend (+65) - HCMT is showing signs of weakening momentum to the upside. Monitor HCMT as it may be in the beginning stages of a reversal.
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 UP since Dec 19th, 2023 at 26.7100
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 29.8000
The short-term trend has been UP since May 3rd, 2024 at 29.0699
Smart Scan Analysis for HCMT
Based on our trend formula, HCMT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.9700 | 30.1100 | 29.8875 | 29.9640 | +0.0040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.9800 | 13595 | 2024-05-07 15:14:36 |
| 52wk High | 31.31 | 52wk High Date | 2024-03-21 |
| 52wk Low | 22.82 | 52wk Low Date | 2023-10-23 |
| Average Volume | 41,517 |
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