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Stock Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Direxion Daily S&P 500 Bear 3X (PACF:SPXS)

Countertrend Down (-85) - SPXS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SPXS?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPXS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_SPXS
Open High Low SPXS Price Change
34.8700 34.8800 33.7846 33.7899 -2.5801
Entry Signal

MarketClub’s Trade Triangles for SPXS

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 113.000

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 48.300

short term up The short-term trend has been UP since Feb 26th, 2021 at 36.525

Smart Scan Analysis for SPXS

Based on our trend formula, SPXS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPXS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.8700 34.8800 33.7846 33.7899 -2.5801
Prev. Close Volume Bid Ask Time
36.3700 2575395 2021-03-01 11:45:15
Year High34.42Year High Date2018-02-09
Year Low20.83Year Low Date2018-10-03
52wk High288.552wk High Date2020-03-23
52wk Low32.841252wk Low Date2021-02-16
Year End Close16.91Average Volume6,645,083
Shares Outstanding14,727Assets1,635M
Beta-2.74Volatility62.1
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