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Stock Trend Analysis Report

Prepared for you on Saturday, May 8, 2021.

Direxion Daily Tech Bull (PACF:TECL)

Countertrend Down (-85) - TECL 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 TECL?

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

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

PACF_TECL
Open High Low TECL Price Change
47.070 47.710 46.295 46.910 +1.130
Entry Signal

MarketClub’s Trade Triangles for TECL

long term down The long-term trend has been DOWN since Mar 2nd, 2021 at 340.85

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2021 at 47.35

short term up The short-term trend has been UP since May 7th, 2021 at 46.25

Smart Scan Analysis for TECL

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

-85
Smart Scan Analysis for TECL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.070 47.710 46.295 46.910 +1.130
Prev. Close Volume Bid Ask Time
45.780 3020646 2021-05-07 15:59:55
Year High173.5Year High Date2018-10-03
Year Low93.7Year Low Date2018-11-20
52wk High52.0752wk High Date2021-04-27
52wk Low15.29252wk Low Date2020-05-14
Year End Close48.73Average Volume1,988,265
Shares Outstanding42,850Assets1,470M
Beta3.44Volatility98.95
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