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Stock Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

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, SHORTSYMBOL 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
8.12 8.15 7.89 7.97 -0.34
Entry Signal

MarketClub’s Trade Triangles for SPXS

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 11.30

intermediate term down The intermediate-term trend has been DOWN since Mar 30th, 2020 at 15.29

short term down The short-term trend has been DOWN since May 18th, 2020 at 10.41

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
8.12 8.15 7.89 7.97 -0.34
Prev. Close Volume Bid Ask Time
15.25 39186242 2020-06-03 15:59:50
Year High34.42Year High Date2018-02-09
Year Low20.83Year Low Date2018-10-03
52wk High28.8552wk High Date2020-03-23
52wk Low11.352wk Low Date2020-02-19
Year End Close16.91Average Volume46,739,490
Shares Outstanding33,454Assets1,635M
Beta-2.74Volatility62.1
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