Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, May 18, 2022.

Direxion Daily Aerospace & Defense Bull 3X Shares (PACF:DFEN)

Countertrend Down (-85) - DFEN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

PACF_DFEN
Open High Low DFEN Price Change
16.19 16.55 15.19 15.41 -1.22
Entry Signal

MarketClub’s Trade Triangles for DFEN

long term down The long-term trend has been DOWN since May 9th, 2022 at 16.55

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2022 at 21.53

short term up The short-term trend has been UP since May 17th, 2022 at 16.65

Smart Scan Analysis for DFEN

Based on our trend formula, DFEN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DFEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.19 16.55 15.19 15.41 -1.22
Prev. Close Volume Bid Ask Time
16.63 977349 2022-05-18 15:59:53
Year High64.5Year High Date2018-10-01
Year Low36.365Year Low Date2018-10-29
52wk High26.96552wk High Date2021-06-08
52wk Low14.0652wk Low Date2022-05-12
Average Volume1,182,360Shares Outstanding11,500
Volatility77.05
Get a free daily analysis and signals for Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) - Request Your Free Report.