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Stock Trend Analysis Report

Prepared for you on Tuesday, September 26, 2023.

Direxion Daily S&P Biotech Bull 3X Shares (PACF:LABU)

Countertrend Down (-85) - LABU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid LABU?

MarketClub looks at technical strength and momentum to determine if the timing is right for LABU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_LABU
Open High Low LABU Price Change
3.74 4.03 3.72 3.83 +0.19
Entry Signal

MarketClub’s Trade Triangles for LABU

long term down The long-term trend has been DOWN since Aug 3rd, 2023 at 5.40

intermediate term down The intermediate-term trend has been DOWN since Sep 15th, 2023 at 4.52

short term up The short-term trend has been UP since Sep 26th, 2023 at 4.00

Smart Scan Analysis for LABU

Based on our trend formula, LABU is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for LABU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.74 4.03 3.72 3.83 +0.19
Prev. Close Volume Bid Ask Time
3.64 36506740 2023-09-26 15:59:48
Year High116.54Year High Date2018-01-29
Year Low38.9Year Low Date2018-11-14
52wk High9.452wk High Date2023-02-02
52wk Low3.7852wk Low Date2023-09-22
Average Volume24,629,420Shares Outstanding217,012
Volatility140.03
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