Free Daily Analysis
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.
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MarketClub’s Trade Triangles for DRN
The long-term trend has been DOWN since Feb 28th, 2020 at 25.86
The intermediate-term trend has been UP since Jul 29th, 2020 at 11.20
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).
| 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 High | 24.41 | Year High Date | 2018-08-20 |
| Year Low | 14.6819 | Year Low Date | 2018-02-12 |
| 52wk High | 36.09 | 52wk High Date | 2020-02-19 |
| 52wk Low | 4.5 | 52wk Low Date | 2020-03-23 |
| Year End Close | 77.5 | Average Volume | 1,048,109 |
| Shares Outstanding | 5,950 | Assets | 949M |
| Beta | 3.1 | Volatility | 41.78 |