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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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

Long-Term Downtrend (-90) - LABU is in a strong downtrend that is likely to continue. While LABU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
84.45 85.50 80.41 83.79 -5.61
Entry Signal

MarketClub’s Trade Triangles for LABU

long term down The long-term trend has been DOWN since Apr 5th, 2024 at 106.6700

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 125.6500

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 84.8848

Smart Scan Analysis for LABU

Based on our trend formula, LABU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LABU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.45 85.50 80.41 83.79 -5.61
Prev. Close Volume Bid Ask Time
89.40 3011758 2024-04-25 15:59:59
Year High116.54Year High Date2018-01-29
Year Low38.9Year Low Date2018-11-14
52wk High176.989952wk High Date2024-02-28
52wk Low48.40252wk Low Date2023-10-31
Average Volume2,551,238Shares Outstanding2,168
Volatility140.03
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