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Stock Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

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

Countertrend Up (+85) - LABU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
59.11 61.98 58.00 61.27 +2.31
Entry Signal

MarketClub’s Trade Triangles for LABU

long term up The long-term trend has been UP since Jun 22nd, 2020 at 55.1095

intermediate term up The intermediate-term trend has been UP since Sep 15th, 2020 at 56.8300

short term up The short-term trend has been UP since Oct 26th, 2020 at 61.7900

Smart Scan Analysis for LABU

Based on our trend formula, LABU is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for LABU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.11 61.98 58.00 61.27 +2.31
Prev. Close Volume Bid Ask Time
56.16 849012 2020-10-27 15:59:47
Year High116.54Year High Date2018-01-29
Year Low38.9Year Low Date2018-11-14
52wk High73.9452wk High Date2020-07-21
52wk Low12.6452wk Low Date2020-03-18
Average Volume2,454,199Shares Outstanding9,312
Volatility140.03
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