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Index Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Direxion Daily Homebuilders & Supplies Bull 3X Shares (GIF:NAIL)

Long-Term Downtrend (-90) - NAIL is in a strong downtrend that is likely to continue. While NAIL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

GIF_NAIL
Open High Low NAIL Price Change
7.4923 10.0718 6.9690 9.9024 +2.9335
Entry Signal

MarketClub’s Trade Triangles for NAIL

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 NAIL

Based on our trend formula, NAIL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NAIL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.4923 10.0718 6.9690 9.9024 +2.9335
Prev. Close Volume Bid Ask Time
11.7244 0 2020-04-06 19:14:49
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