Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shar (GIF:DRIP)

Strong Downtrend (-100) - DRIP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

GIF_DRIP
Open High Low DRIP Price Change
20.802 20.802 17.132 17.244 -2.086
Entry Signal

MarketClub’s Trade Triangles for DRIP

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for DRIP

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

-100
Smart Scan Analysis for DRIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.802 20.802 17.132 17.244 -2.086
Prev. Close Volume Bid Ask Time
24.071 0 2020-04-06 18:07:47
Get a free daily analysis and signals for Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shar (DRIP) - Request Your Free Report.