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Stock Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (PACF:DRIP)
Bull Market Weakness (+75) - DRIP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DRIP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DRIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRIP.
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 DRIP
The long-term trend has been DOWN since Nov 18th, 2024 at 9.395
The intermediate-term trend has been UP since Dec 4th, 2024 at 10.060
The short-term trend has been UP since Nov 26th, 2024 at 9.135
Smart Scan Analysis for DRIP
Based on our trend formula, DRIP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.3700 | 12.4600 | 11.8749 | 12.1300 | -0.1500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.1600 | 5340195 | 2024-12-20 15:59:51 |
| Year High | 19.26 | Year High Date | 2018-02-09 |
| Year Low | 4.88 | Year Low Date | 2018-10-04 |
| 52wk High | 13.195 | 52wk High Date | 2024-01-18 |
| 52wk Low | 7.865 | 52wk Low Date | 2024-04-12 |
| Average Volume | 4,640,805 | Shares Outstanding | 473 |
| Volatility | 116.61 |