Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Direxion Daily S&P 500 High Beta Bear 3X Shares (PACF:HIBS)
Long-Term Downtrend (-90) - HIBS is in a strong downtrend that is likely to continue. While HIBS 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 HIBS?
MarketClub looks at technical strength and momentum to determine if the timing is right for HIBS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HIBS
The long-term trend has been DOWN since May 5th, 2021 at 12.7000
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 10.6210
The short-term trend has been DOWN since Oct 14th, 2021 at 10.1192
Smart Scan Analysis for HIBS
Based on our trend formula, HIBS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.4800 | 9.5800 | 9.3259 | 9.4350 | -0.1450 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.4100 | 115285 | 2021-10-19 15:53:37 |
| 52wk High | 113.4 | 52wk High Date | 2020-10-29 |
| 52wk Low | 9.55 | 52wk Low Date | 2021-10-15 |
| Average Volume | 304,485 |