Stock Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
Direxion Daily S&P 500 Bull 3X Shares (PACF:SPXL)
Bull Market Weakness (+75) - SPXL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPXL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPXL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXL.
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 SPXL
The long-term trend has been UP since Dec 1st, 2023 at 93.8800
The intermediate-term trend has been UP since Nov 10th, 2023 at 83.5601
The short-term trend has been DOWN since Mar 11th, 2024 at 123.5400
Smart Scan Analysis for SPXL
Based on our trend formula, SPXL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
128.1100 | 129.2445 | 126.9800 | 127.3250 | +2.2950 |
Prev. Close | Volume | Bid | Ask | Time |
125.0300 | 4590873 | 2024-03-18 15:59:58 |
Year High | 55.95 | Year High Date | 2018-09-21 |
Year Low | 36.82 | Year Low Date | 2018-02-09 |
52wk High | 130.6 | 52wk High Date | 2024-03-08 |
52wk Low | 63.172 | 52wk Low Date | 2023-03-24 |
Year End Close | 87.65 | Average Volume | 6,069,894 |
Shares Outstanding | 26,850 | Assets | 2,081M |
Beta | 3.16 | Volatility | 62.49 |