Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Direxion Technology Bear 3X Shares (PACF:TECS)
Bear Market Rally (-75) - TECS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TECS as it may be in the beginning 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 Aug 1st, 2022 at 32.84
The intermediate-term trend has been DOWN since Jul 18th, 2022 at 42.65
The short-term trend has been UP since Aug 19th, 2022 at 29.72
Smart Scan Analysis for TECS
Based on our trend formula, TECS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.370 | 30.435 | 29.290 | 30.210 | +1.540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.670 | 1993168 | 2022-08-19 15:59:45 |
| Year High | 38.35 | Year High Date | 2018-02-09 |
| Year Low | 17.59 | Year Low Date | 2018-10-03 |
| 52wk High | 57.19 | 52wk High Date | 2022-06-17 |
| 52wk Low | 26.58 | 52wk Low Date | 2021-12-28 |
| Year End Close | 9.36 | Average Volume | 1,912,669 |
| Shares Outstanding | 4,750 | Assets | 229M |
| Beta | -2.93000000 | Volatility | 96.84 |