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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Direxion Daily S&P 500 Bull 3X Shares (PACF:SPXL)

Countertrend Up (+85) - SPXL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

PACF_SPXL
Open High Low SPXL Price Change
169.5200 175.0800 168.9101 174.2715 +1.5815
Entry Signal

MarketClub’s Trade Triangles for SPXL

long term up The long-term trend has been UP since Dec 1st, 2023 at 93.880

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 173.325

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 178.610

Smart Scan Analysis for SPXL

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

+85
Smart Scan Analysis for SPXL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
169.5200 175.0800 168.9101 174.2715 +1.5815
Prev. Close Volume Bid Ask Time
174.4800 3199329 2024-11-19 15:59:28
Year High55.95Year High Date2018-09-21
Year Low36.82Year Low Date2018-02-09
52wk High183.9652wk High Date2024-11-11
52wk Low89.2152wk Low Date2023-11-20
Year End Close87.65Average Volume3,025,901
Shares Outstanding26,850Assets2,081M
Beta3.16Volatility62.49
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