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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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

Strong Downtrend (-100) - SPXS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPXS continues to fall. Traders should use caution 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
8.73 8.76 8.66 8.74 +0.01
Entry Signal

MarketClub’s Trade Triangles for SPXS

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 12.970

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2023 at 14.711

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 8.750

Smart Scan Analysis for SPXS

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

-100
Smart Scan Analysis for SPXS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.73 8.76 8.66 8.74 +0.01
Prev. Close Volume Bid Ask Time
8.73 16065921 2024-03-28 15:59:59
Year High34.42Year High Date2018-02-09
Year Low20.83Year Low Date2018-10-03
52wk High19.1952wk High Date2023-03-29
52wk Low8.6552wk Low Date2024-03-21
Year End Close16.91Average Volume22,499,668
Shares Outstanding20,977Assets1,635M
Beta-2.74000000Volatility62.1
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