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Stock Trend Analysis Report

Prepared for you on Saturday, August 13, 2022.

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.

PACF_SPXL
Open High Low SPXL Price Change
90.380 93.575 89.670 93.430 +4.370
Entry Signal

MarketClub’s Trade Triangles for SPXL

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 104.62

intermediate term up The intermediate-term trend has been UP since Jul 20th, 2022 at 74.44

short term up The short-term trend has been UP since Jul 27th, 2022 at 77.69

Smart Scan Analysis for SPXL

Based on our trend formula, SPXL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPXL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.380 93.575 89.670 93.430 +4.370
Prev. Close Volume Bid Ask Time
93.470 6410325 2022-08-12 15:59:49
Year High55.95Year High Date2018-09-21
Year Low36.82Year Low Date2018-02-09
52wk High147.9852wk High Date2022-01-04
52wk Low58.5952wk Low Date2022-06-17
Year End Close87.65Average Volume8,908,973
Shares Outstanding26,850Assets2,081M
Beta3.16Volatility62.49
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