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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.

PACF_TECS
Open High Low TECS Price Change
29.370 30.435 29.290 30.210 +1.540
Entry Signal

MarketClub’s Trade Triangles for TECS

long term down The long-term trend has been DOWN since Aug 1st, 2022 at 32.84

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2022 at 42.65

short term up 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).

-75
Smart Scan Analysis for TECS
Strong Downtrend Sideways 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 High38.35Year High Date2018-02-09
Year Low17.59Year Low Date2018-10-03
52wk High57.1952wk High Date2022-06-17
52wk Low26.5852wk Low Date2021-12-28
Year End Close9.36Average Volume1,912,669
Shares Outstanding4,750Assets229M
Beta-2.93000000Volatility96.84
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