Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

Direxion Daily S&P 500 Bear 1X Shares (GIF:SPDN)

Strong Downtrend (-100) - SPDN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

GIF_SPDN
Open High Low SPDN Price Change
19.066 19.096 19.018 19.096 0.000
Entry Signal

MarketClub’s Trade Triangles for SPDN

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 23.263

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 19.684

short term down The short-term trend has been DOWN since Nov 3rd, 2020 at 20.559

Smart Scan Analysis for SPDN

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

-100
Smart Scan Analysis for SPDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.066 19.096 19.018 19.096 0.000
Prev. Close Volume Bid Ask Time
20.644 0 2020-11-27 18:26:53
Get a free daily analysis and signals for Direxion Daily S&P 500 Bear 1X Shares (SPDN) - Request Your Free Report.