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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Weak Downtrend (-65) - SPXL is showing signs of a strengthening downtrend. Monitor SPXL as it may be building momentum to the downside.

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
142.5100 146.2747 141.8400 144.0450 +4.4650
Entry Signal

MarketClub’s Trade Triangles for SPXL

long term up The long-term trend has been UP since Dec 1st, 2023 at 93.88

intermediate term down The intermediate-term trend has been DOWN since Jul 24th, 2024 at 144.64

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 155.96

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
142.5100 146.2747 141.8400 144.0450 +4.4650
Prev. Close Volume Bid Ask Time
139.5800 3734459 2024-07-26 15:59:48
Year High55.95Year High Date2018-09-21
Year Low36.82Year Low Date2018-02-09
52wk High162.4952wk High Date2024-07-16
52wk Low67.652wk Low Date2023-10-27
Year End Close87.65Average Volume3,482,289
Shares Outstanding26,850Assets2,081M
Beta3.16Volatility62.49
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