Free Daily Analysis
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.
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MarketClub’s Trade Triangles for LABU
The long-term trend has been UP since Jun 22nd, 2020 at 55.1095
The intermediate-term trend has been UP since Sep 15th, 2020 at 56.8300
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).
| 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 High | 116.54 | Year High Date | 2018-01-29 |
| Year Low | 38.9 | Year Low Date | 2018-11-14 |
| 52wk High | 73.94 | 52wk High Date | 2020-07-21 |
| 52wk Low | 12.64 | 52wk Low Date | 2020-03-18 |
| Average Volume | 2,454,199 | Shares Outstanding | 9,312 |
| Volatility | 140.03 |