Free Daily Analysis
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.
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MarketClub’s Trade Triangles for SPDN
The long-term trend has been DOWN since Aug 11th, 2022 at 15.210
The intermediate-term trend has been DOWN since Jul 20th, 2022 at 16.370
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).
| 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 High | 32.23 | Year High Date | 2018-02-09 |
| Year Low | 27.5 | Year Low Date | 2018-10-03 |
| 52wk High | 17.79 | 52wk High Date | 2022-06-17 |
| 52wk Low | 13.8999 | 52wk Low Date | 2022-01-04 |
| Average Volume | 2,832,928 | Shares Outstanding | 9,200 |
| Volatility | 20.58 |