Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Direxion Technology Bear 3X Shares (PACF:TECS)
Bull Market Weakness (+75) - TECS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TECS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TECS?
MarketClub looks at technical strength and momentum to determine if the timing is right for TECS.
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 TECS
The long-term trend has been DOWN since Nov 10th, 2023 at 12.625
The intermediate-term trend has been UP since Apr 4th, 2024 at 8.135
The short-term trend has been UP since Apr 15th, 2024 at 8.200
Smart Scan Analysis for TECS
Based on our trend formula, TECS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.860 | 8.510 | 7.850 | 8.465 | +0.465 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.460 | 22261508 | 2024-04-15 15:59:50 |
| Year High | 38.35 | Year High Date | 2018-02-09 |
| Year Low | 17.59 | Year Low Date | 2018-10-03 |
| 52wk High | 24.94 | 52wk High Date | 2023-04-25 |
| 52wk Low | 7.25 | 52wk Low Date | 2024-03-21 |
| Year End Close | 9.36 | Average Volume | 12,574,982 |
| Shares Outstanding | 9,828 | Assets | 229M |
| Beta | -2.93000000 | Volatility | 96.84 |