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Stock Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

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

Strong Downtrend (-100) - SPDN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
23.000 23.080 22.790 22.855 -0.315
Entry Signal

MarketClub’s Trade Triangles for SPDN

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 23.2626

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2020 at 27.6200

short term down The short-term trend has been DOWN since May 18th, 2020 at 24.9330

Smart Scan Analysis for SPDN

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

-100
Smart Scan Analysis for SPDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.000 23.080 22.790 22.855 -0.315
Prev. Close Volume Bid Ask Time
27.800 488616 2020-06-03 15:59:52
Year High32.23Year High Date2018-02-09
Year Low27.5Year Low Date2018-10-03
52wk High33.8152wk High Date2020-03-23
52wk Low23.2552wk Low Date2020-02-19
Average Volume579,731Shares Outstanding2,850
Volatility20.58
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