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Stock Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Direxion Daily S&P 500 Bear 1X Shares (PACF:SPDN)

Bear Market Rally (-75) - SPDN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPDN as it may be in the beginning of a reversal.

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

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

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

PACF_SPDN
Open High Low SPDN Price Change
15.130 15.270 15.130 15.225 +0.185
Entry Signal

MarketClub’s Trade Triangles for SPDN

long term down The long-term trend has been DOWN since Aug 11th, 2022 at 15.210

intermediate term down The intermediate-term trend has been DOWN since Jul 20th, 2022 at 16.370

short term up The short-term trend has been UP since Aug 19th, 2022 at 15.145

Smart Scan Analysis for SPDN

Based on our trend formula, SPDN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.130 15.270 15.130 15.225 +0.185
Prev. Close Volume Bid Ask Time
15.040 3042142 2022-08-19 15:59:46
Year High32.23Year High Date2018-02-09
Year Low27.5Year Low Date2018-10-03
52wk High17.7952wk High Date2022-06-17
52wk Low13.899952wk Low Date2022-01-04
Average Volume2,832,928Shares Outstanding9,200
Volatility20.58
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