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Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

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

Sidelines Mode (-55) - LABU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
112.98 118.99 112.00 115.14 +2.02
Entry Signal

MarketClub’s Trade Triangles for LABU

long term down The long-term trend has been DOWN since Apr 5th, 2024 at 106.67

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 114.68

short term down The short-term trend has been DOWN since May 21st, 2024 at 110.78

Smart Scan Analysis for LABU

Based on our trend formula, LABU is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for LABU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.98 118.99 112.00 115.14 +2.02
Prev. Close Volume Bid Ask Time
113.12 1154499 2024-05-22 14:33:31
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 Volume1,984,895Shares Outstanding2,815
Volatility140.03
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