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Index Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Direxion Daily S&P Biotech Bear 3X Shares (GIF:LABD)

Strong Downtrend (-100) - LABD 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 LABD?

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

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

GIF_LABD
Open High Low LABD Price Change
11.731 12.384 11.012 11.029 -1.355
Entry Signal

MarketClub’s Trade Triangles for LABD

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 LABD

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

-100
Smart Scan Analysis for LABD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.731 12.384 11.012 11.029 -1.355
Prev. Close Volume Bid Ask Time
13.652 0 2020-04-08 19:15:08
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