Index Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Direxion Daily Technology Bull 3X Shares (GIF:TECL)
Weak Downtrend (-65) - TECL is showing signs of a strengthening downtrend. Monitor TECL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for TECL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TECL
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for TECL
Based on our trend formula, TECL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).