Free Daily Analysis
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.
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MarketClub’s Trade Triangles for DRV
The long-term trend has been DOWN since Apr 9th, 2020 at 20.926
The intermediate-term trend has been DOWN since May 26th, 2020 at 20.951
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).
| 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 |