Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Direxion Daily S&P 500 Bear 3X Shares (GIF:SPXS)

Strong Downtrend (-100) - SPXS 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 SPXS?

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

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

GIF_SPXS
Open High Low SPXS Price Change
9.3067 9.6596 9.3067 9.4488 -0.0725
Entry Signal

MarketClub’s Trade Triangles for SPXS

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 11.3070

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2020 at 15.0390

short term down The short-term trend has been DOWN since May 18th, 2020 at 9.8675

Smart Scan Analysis for SPXS

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

-100
Smart Scan Analysis for SPXS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.3067 9.6596 9.3067 9.4488 -0.0725
Prev. Close Volume Bid Ask Time
15.2290 0 2020-05-22 19:13:17
Get a free daily analysis and signals for Direxion Daily S&P 500 Bear 3X Shares (SPXS) - Request Your Free Report.