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Stock Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

Direxion Daily Real Estate Bull 3x Shares (PACF:DRN)

Bull Market Weakness (+75) - DRN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DRN as it may be in the beginning stages of a reversal.

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

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

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

PACF_DRN
Open High Low DRN Price Change
10.8400 11.2536 10.8000 11.2500 +0.2800
Entry Signal

MarketClub’s Trade Triangles for DRN

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 25.86

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2020 at 11.20

short term up The short-term trend has been UP since Aug 5th, 2020 at 11.15

Smart Scan Analysis for DRN

Based on our trend formula, DRN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DRN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.8400 11.2536 10.8000 11.2500 +0.2800
Prev. Close Volume Bid Ask Time
9.6800 263464 2020-08-07 11:34:55
Year High24.41Year High Date2018-08-20
Year Low14.6819Year Low Date2018-02-12
52wk High36.0952wk High Date2020-02-19
52wk Low4.552wk Low Date2020-03-23
Year End Close77.5Average Volume1,048,109
Shares Outstanding5,950Assets949M
Beta3.1Volatility41.78
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