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Stock Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Direxion Daily S&P Biotech Bear 3X Shares (PACF:LABD)

Long-Term Uptrend (+90) - LABD is in a strong uptrend that is likely to continue. While LABD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid LABD?

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

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

PACF_LABD
Open High Low LABD Price Change
22.0400 22.4200 21.1999 21.8400 -0.6500
Entry Signal

MarketClub’s Trade Triangles for LABD

long term up The long-term trend has been UP since Mar 10th, 2023 at 20.92

intermediate term up The intermediate-term trend has been UP since Feb 13th, 2023 at 15.84

short term up The short-term trend has been UP since Mar 6th, 2023 at 17.34

Smart Scan Analysis for LABD

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

+90
Smart Scan Analysis for LABD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.0400 22.4200 21.1999 21.8400 -0.6500
Prev. Close Volume Bid Ask Time
22.4900 2621975 2023-03-27 13:37:51
Year High47Year High Date2018-01-02
Year Low21.3501Year Low Date2018-08-30
52wk High85.2852wk High Date2022-05-12
52wk Low12.180552wk Low Date2023-02-02
Average Volume7,551,211Shares Outstanding5,016
Volatility136.99
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