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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.

PACF_LABD
Open High Low LABD Price Change
19.820 20.470 19.269 20.100 +1.060
Entry Signal

MarketClub’s Trade Triangles for LABD

long term down The long-term trend has been DOWN since Jul 6th, 2022 at 27.40

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 42.71

short term up 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).

-75
Smart Scan Analysis for LABD
Strong Downtrend Sideways 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 High47Year High Date2018-01-02
Year Low21.3501Year Low Date2018-08-30
52wk High85.2852wk High Date2022-05-12
52wk Low15.69552wk Low Date2022-08-15
Average Volume13,276,403Shares Outstanding11,516
Volatility136.99
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