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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.

PACF_SPXL
Open High Low SPXL Price Change
128.1100 129.2445 126.9800 127.3250 +2.2950
Entry Signal

MarketClub’s Trade Triangles for SPXL

long term up The long-term trend has been UP since Dec 1st, 2023 at 93.8800

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2023 at 83.5601

short term down 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).

+75
Smart Scan Analysis for SPXL
Strong Downtrend Sideways 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 High55.95Year High Date2018-09-21
Year Low36.82Year Low Date2018-02-09
52wk High130.652wk High Date2024-03-08
52wk Low63.17252wk Low Date2023-03-24
Year End Close87.65Average Volume6,069,894
Shares Outstanding26,850Assets2,081M
Beta3.16Volatility62.49
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