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Index Trend Analysis Report

Prepared for you on Tuesday, July 7, 2020.

Direxion Daily Real Estate Bear 3X Shares (GIF:DRV)

Bear Market Rally (-75) - DRV is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DRV as it may be in the beginning of a reversal.

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

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

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

GIF_DRV
Open High Low DRV Price Change
14.978 15.917 14.971 15.885 +0.913
Entry Signal

MarketClub’s Trade Triangles for DRV

long term down The long-term trend has been DOWN since Apr 9th, 2020 at 20.926

intermediate term down The intermediate-term trend has been DOWN since May 26th, 2020 at 20.951

short term down The short-term trend has been DOWN since Jun 30th, 2020 at 15.894

Smart Scan Analysis for DRV

Based on our trend formula, DRV is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for DRV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.978 15.917 14.971 15.885 +0.913
Prev. Close Volume Bid Ask Time
17.297 0 2020-07-07 19:13:29
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