Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Direxion Daily S&P 500 Bull 3X Shares (PACF:SPXL)
Strong Downtrend (-100) - SPXL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPXL continues to fall. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPXL
The long-term trend has been DOWN since Oct 3rd, 2023 at 75.51
The intermediate-term trend has been DOWN since Sep 19th, 2023 at 86.41
The short-term trend has been DOWN since Oct 3rd, 2023 at 76.56
Smart Scan Analysis for SPXL
Based on our trend formula, SPXL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 76.860 | 77.710 | 74.169 | 74.860 | -3.250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 78.110 | 13010740 | 2023-10-03 15:59:48 |
| Year High | 55.95 | Year High Date | 2018-09-21 |
| Year Low | 36.82 | Year Low Date | 2018-02-09 |
| 52wk High | 99.2 | 52wk High Date | 2023-07-27 |
| 52wk Low | 48.97 | 52wk Low Date | 2022-10-13 |
| Year End Close | 87.65 | Average Volume | 8,674,349 |
| Shares Outstanding | 26,850 | Assets | 2,081M |
| Beta | 3.16 | Volatility | 62.49 |