Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Direxion Daily S&P 500 Bear 3X (PACF:SPXS)
Bull Market Weakness (+75) - SPXS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPXS as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for SPXS
The long-term trend has been DOWN since Dec 1st, 2023 at 12.97
The intermediate-term trend has been UP since Dec 18th, 2024 at 6.05
The short-term trend has been UP since Dec 9th, 2024 at 5.79
Smart Scan Analysis for SPXS
Based on our trend formula, SPXS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.4600 | 6.4862 | 6.0000 | 6.1501 | -0.2199 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.1600 | 114249850 | 2024-12-20 15:59:50 |
| Year High | 34.42 | Year High Date | 2018-02-09 |
| Year Low | 20.83 | Year Low Date | 2018-10-03 |
| 52wk High | 12.2594 | 52wk High Date | 2024-01-05 |
| 52wk Low | 5.67 | 52wk Low Date | 2024-12-06 |
| Year End Close | 16.91 | Average Volume | 45,679,296 |
| Shares Outstanding | 20,977 | Assets | 1,635M |
| Beta | -2.74000000 | Volatility | 62.1 |