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Stock Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

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

Bear Market Rally (-75) - SPXS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPXS as it may be in the beginning of a reversal.

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
18.310 18.790 18.280 18.625 +0.675
Entry Signal

MarketClub’s Trade Triangles for SPXS

long term down The long-term trend has been DOWN since Aug 3rd, 2022 at 19.760

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2022 at 23.605

short term up The short-term trend has been UP since Aug 19th, 2022 at 18.350

Smart Scan Analysis for SPXS

Based on our trend formula, SPXS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPXS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.310 18.790 18.280 18.625 +0.675
Prev. Close Volume Bid Ask Time
17.950 18439319 2022-08-19 15:59:41
Year High34.42Year High Date2018-02-09
Year Low20.83Year Low Date2018-10-03
52wk High30.489752wk High Date2022-06-17
52wk Low15.8752wk Low Date2022-01-04
Year End Close16.91Average Volume16,078,037
Shares Outstanding20,977Assets1,635M
Beta-2.74000000Volatility62.1
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