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Stock Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (PACF:DRIP)

Countertrend Down (-85) - DRIP 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 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.

PACF_DRIP
Open High Low DRIP Price Change
5.0200 5.2491 4.5000 4.5450 -0.1850
Entry Signal

MarketClub’s Trade Triangles for DRIP

long term down The long-term trend has been DOWN since Sep 27th, 2021 at 6.610

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 4.890

short term up The short-term trend has been UP since Jan 19th, 2022 at 4.197

Smart Scan Analysis for DRIP

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

-85
Smart Scan Analysis for DRIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0200 5.2491 4.5000 4.5450 -0.1850
Prev. Close Volume Bid Ask Time
4.7300 16967981 2022-01-24 15:59:42
Year High19.26Year High Date2018-02-09
Year Low4.88Year Low Date2018-10-04
52wk High21.0652wk High Date2021-01-29
52wk Low3.76452wk Low Date2022-01-18
Average Volume8,776,187Shares Outstanding15,546
Volatility116.61
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