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Index Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
Direxion Daily Junior Gold Miners Index Bear 3X Shares (GIF:JDST)
Long-Term Downtrend (-90) - JDST is in a strong downtrend that is likely to continue. While JDST is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JDST?
MarketClub looks at technical strength and momentum to determine if the timing is right for JDST.
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 JDST
The long-term trend has been DOWN since Mar 17th, 2020 at 6.8752
The intermediate-term trend has been DOWN since Jun 22nd, 2020 at 18.9993
The short-term trend has been DOWN since Jun 19th, 2020 at 20.9092
Smart Scan Analysis for JDST
Based on our trend formula, JDST is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.4043 | 15.0124 | 14.1737 | 14.6692 | +0.1522 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.1386 | 0 | 2020-07-10 19:14:34 |