Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
Direxion Daily Regional Banks Bull 3X Shares (GIF:DPST)
Bull Market Weakness (+75) - DPST is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DPST as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DPST?
MarketClub looks at technical strength and momentum to determine if the timing is right for DPST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DPST
The long-term trend has been UP since Oct 23rd, 2020 at 74.8657
The intermediate-term trend has been UP since Oct 6th, 2020 at 56.5986
The short-term trend has been DOWN since Jan 20th, 2021 at 162.4161
Smart Scan Analysis for DPST
Based on our trend formula, DPST is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).