Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (PACF:DRIP)
Crossroads (+60) - DRIP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Aug 2nd, 2024 at 10.4483
The intermediate-term trend has been DOWN since Sep 23rd, 2024 at 10.7100
The short-term trend has been DOWN since Oct 21st, 2024 at 10.5800
Smart Scan Analysis for DRIP
Based on our trend formula, DRIP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.7700 | 10.9101 | 10.6601 | 10.8000 | -0.0600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.8600 | 4056394 | 2024-10-22 15:55:56 |
| 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 | 3,123,722 | Shares Outstanding | 473 |
| Volatility | 116.61 |