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Stock Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

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

Bull Market Weakness (+75) - SPDN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPDN as it may be in the beginning stages 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
12.4100 12.6850 12.4000 12.6624 +0.1524
Entry Signal

MarketClub’s Trade Triangles for SPDN

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 13.960

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 12.525

short term up The short-term trend has been UP since Apr 2nd, 2024 at 12.255

Smart Scan Analysis for SPDN

Based on our trend formula, SPDN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.4100 12.6850 12.4000 12.6624 +0.1524
Prev. Close Volume Bid Ask Time
12.5100 6815254 2024-04-15 15:59:49
Year High32.23Year High Date2018-02-09
Year Low27.5Year Low Date2018-10-03
52wk High15.8152wk High Date2023-05-04
52wk Low12.121352wk Low Date2024-03-21
Average Volume3,605,555Shares Outstanding9,200
Volatility20.58
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