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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Direxion Daily Dow Jones Internet Bull 3X Shares (PACF:WEBL)

Bull Market Weakness (+75) - WEBL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on WEBL as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid WEBL?

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

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

PACF_WEBL
Open High Low WEBL Price Change
17.590 18.055 17.590 17.910 -0.210
Entry Signal

MarketClub’s Trade Triangles for WEBL

long term up The long-term trend has been UP since Dec 11th, 2023 at 12.9900

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 17.9599

short term up The short-term trend has been UP since Apr 26th, 2024 at 17.3100

Smart Scan Analysis for WEBL

Based on our trend formula, WEBL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for WEBL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.590 18.055 17.590 17.910 -0.210
Prev. Close Volume Bid Ask Time
18.120 605471 2024-05-08 15:58:59
52wk High19.9752wk High Date2024-03-21
52wk Low7.5552wk Low Date2023-05-09
Average Volume605,683
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