Mutual Trend Analysis Report
Prepared for you on Tuesday, June 15, 2021.
DIREXION MONTHLY HIGH YIELD BULL 1.2X FUND (NASDAQ:DXHYX)
Long-Term Uptrend (+90) - DXHYX is in a strong uptrend that is likely to continue. While DXHYX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DXHYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DXHYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DXHYX
The long-term trend has been UP since Jul 27th, 2020 at 20.20
The intermediate-term trend has been UP since Jun 1st, 2021 at 21.37
The short-term trend has been UP since May 21st, 2021 at 21.28
Smart Scan Analysis for DXHYX
Based on our trend formula, DXHYX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21.53||52wk High Date||2021-06-11|
|52wk Low||19.13||52wk Low Date||2020-06-29|
|Year End Close||21.25||Payment Date||2020-05-18|