Mutual Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
DIREXION MONTHLY NASDAQ-100 BEAR 1.25X FUND (NASDAQ:DXNSX)
Weak Downtrend (-65) - DXNSX is showing signs of a strengthening downtrend. Monitor DXNSX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DXNSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DXNSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DXNSX
The long-term trend has been DOWN since May 20th, 2020 at 6.28
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 3.08
The short-term trend has been DOWN since Nov 29th, 2021 at 2.77
Smart Scan Analysis for DXNSX
Based on our trend formula, DXNSX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.15||52wk High Date||2020-12-09|
|52wk Low||2.72||52wk Low Date||2021-11-19|
|Year End Close||3.91||Payment Date||2019-12-13|