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Stock Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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

Countertrend Down (-85) - SPDN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
17.8000 17.8000 17.6246 17.6269 -0.4331
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 Nov 9th, 2020 at 19.6864

short term up The short-term trend has been UP since Feb 18th, 2021 at 17.6400

Smart Scan Analysis for SPDN

Based on our trend formula, SPDN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.8000 17.8000 17.6246 17.6269 -0.4331
Prev. Close Volume Bid Ask Time
18.0600 325407 2021-03-01 11:20:56
Year High32.23Year High Date2018-02-09
Year Low27.5Year Low Date2018-10-03
52wk High33.8152wk High Date2020-03-23
52wk Low17.4352wk Low Date2021-02-16
Average Volume1,244,857Shares Outstanding7,650
Volatility20.58
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