Stock Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (PACF:DRIP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DRIP
The long term trend has been UP since May 29th, 2019 at 14.1291
The intermediate term trend has been UP since Nov 20th, 2019 at 93.5500
The short term trend has been DOWN since Dec 4th, 2019 at 89.0000
Smart Scan Analysis for DRIP
Based on a pre-defined weighted trend formula for chart analysis, DRIP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||19.26||Year High Date||2018-02-09|
|Year Low||4.88||Year Low Date||2018-10-04|
|52wk High||130.85||52wk High Date||2018-12-26|
|52wk Low||37.15||52wk Low Date||2019-04-23|
|Average Volume||380,814||Shares Outstanding||456|