Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

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

Weak Downtrend (-65) - LABD is showing signs of a strengthening downtrend. Monitor LABD as it may be building momentum to the downside.

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
7.210 7.365 7.015 7.190 +0.010
Entry Signal

MarketClub’s Trade Triangles for LABD

long term up The long-term trend has been UP since Apr 19th, 2024 at 10.67

intermediate term down The intermediate-term trend has been DOWN since Jun 5th, 2024 at 7.26

short term down The short-term trend has been DOWN since Jun 12th, 2024 at 7.43

Smart Scan Analysis for LABD

Based on our trend formula, LABD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for LABD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.210 7.365 7.015 7.190 +0.010
Prev. Close Volume Bid Ask Time
7.180 11973899 2024-06-13 15:59:57
Year High47Year High Date2018-01-02
Year Low21.3501Year Low Date2018-08-30
52wk High29.9252wk High Date2023-10-31
52wk Low5.7252wk Low Date2024-03-04
Average Volume13,776,422Shares Outstanding11,765
Volatility136.99
Get a free daily analysis and signals for Direxion Daily S&P Biotech Bear 3X Shares (LABD) - Request Your Free Report.