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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.

PACF_SPXL
Open High Low SPXL Price Change
76.860 77.710 74.169 74.860 -3.250
Entry Signal

MarketClub’s Trade Triangles for SPXL

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 75.51

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2023 at 86.41

short term down 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).

-100
Smart Scan Analysis for SPXL
Strong Downtrend Sideways 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 High55.95Year High Date2018-09-21
Year Low36.82Year Low Date2018-02-09
52wk High99.252wk High Date2023-07-27
52wk Low48.9752wk Low Date2022-10-13
Year End Close87.65Average Volume8,674,349
Shares Outstanding26,850Assets2,081M
Beta3.16Volatility62.49
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