Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Direxion Daily S&P 500 Bull 3X Shares (GIF:SPXL)
Countertrend Up (+85) - SPXL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPXL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPXL
The long-term trend has been UP since Jul 20th, 2020 at 48.564
The intermediate-term trend has been UP since Mar 11th, 2021 at 83.750
The short-term trend has been DOWN since Apr 20th, 2021 at 94.722
Smart Scan Analysis for SPXL
Based on our trend formula, SPXL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 97.338 | 98.026 | 94.749 | 97.978 | +2.658 |
| Prev. Close | Volume | Bid | Ask | Time |
| 97.978 | 0 | 2021-04-21 16:10:15 |