Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Direxion Daily S&P Biotech Bear 3X Shares (PACF:LABD)
Bear Market Rally (-75) - LABD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LABD as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for LABD
The long-term trend has been DOWN since Jul 6th, 2022 at 27.40
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 42.71
The short-term trend has been UP since Aug 17th, 2022 at 17.83
Smart Scan Analysis for LABD
Based on our trend formula, LABD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.820 | 20.470 | 19.269 | 20.100 | +1.060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.040 | 12565994 | 2022-08-19 15:59:41 |
| Year High | 47 | Year High Date | 2018-01-02 |
| Year Low | 21.3501 | Year Low Date | 2018-08-30 |
| 52wk High | 85.28 | 52wk High Date | 2022-05-12 |
| 52wk Low | 15.695 | 52wk Low Date | 2022-08-15 |
| Average Volume | 13,276,403 | Shares Outstanding | 11,516 |
| Volatility | 136.99 |