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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Direxion Daily Real Estate Bull 3x Shares (PACF:DRN)
Countertrend Up (+85) - DRN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 12th, 2024 at 9.96
The intermediate-term trend has been UP since Jun 12th, 2024 at 9.03
The short-term trend has been DOWN since Jul 24th, 2024 at 10.05
Smart Scan Analysis for DRN
Based on our trend formula, DRN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.920 | 10.410 | 9.910 | 10.305 | +0.465 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.840 | 1624984 | 2024-07-26 15:59:50 |
| Year High | 24.41 | Year High Date | 2018-08-20 |
| Year Low | 14.6819 | Year Low Date | 2018-02-12 |
| 52wk High | 11 | 52wk High Date | 2023-12-28 |
| 52wk Low | 5.535 | 52wk Low Date | 2023-10-30 |
| Year End Close | 77.5 | Average Volume | 1,209,778 |
| Shares Outstanding | 663 | Assets | 949M |
| Beta | 3.1 | Volatility | 41.78 |