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Stock Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

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

Crossroads (+60) - LABD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
22.16 23.00 21.84 21.84 -0.06
Entry Signal

MarketClub’s Trade Triangles for LABD

long term down The long-term trend has been DOWN since Jun 28th, 2021 at 17.640

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 20.380

short term up The short-term trend has been UP since Oct 18th, 2021 at 22.089

Smart Scan Analysis for LABD

Based on our trend formula, LABD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for LABD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.16 23.00 21.84 21.84 -0.06
Prev. Close Volume Bid Ask Time
21.85 1397822 2021-10-22 15:59:49
Year High47Year High Date2018-01-02
Year Low21.3501Year Low Date2018-08-30
52wk High58.0652wk High Date2020-11-02
52wk Low12.300152wk Low Date2021-02-09
Average Volume1,692,675Shares Outstanding1,966
Volatility136.99
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