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Stock Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

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
17.070 17.810 15.420 15.425 -1.535
Entry Signal

MarketClub’s Trade Triangles for LABD

long term up The long-term trend has been UP since Aug 16th, 2023 at 17.1272

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 20.5400

short term down The short-term trend has been DOWN since Nov 14th, 2023 at 21.9600

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
17.070 17.810 15.420 15.425 -1.535
Prev. Close Volume Bid Ask Time
15.440 9040948 2023-12-01 15:59:58
Year High47Year High Date2018-01-02
Year Low21.3501Year Low Date2018-08-30
52wk High29.9252wk High Date2023-10-31
52wk Low11.1852wk Low Date2023-06-13
Average Volume5,691,116Shares Outstanding2,816
Volatility136.99
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