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Stock Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

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

Strong Downtrend (-100) - DRN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DRN continues to fall. Traders should use caution and set stops.

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
8.300 8.330 8.055 8.145 -0.275
Entry Signal

MarketClub’s Trade Triangles for DRN

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 8.2001

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 9.0400

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 8.7000

Smart Scan Analysis for DRN

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

-100
Smart Scan Analysis for DRN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.300 8.330 8.055 8.145 -0.275
Prev. Close Volume Bid Ask Time
8.140 1024861 2024-04-12 15:59:50
Year High24.41Year High Date2018-08-20
Year Low14.6819Year Low Date2018-02-12
52wk High1152wk High Date2023-12-28
52wk Low5.53552wk Low Date2023-10-30
Year End Close77.5Average Volume855,582
Shares Outstanding758Assets949M
Beta3.1Volatility41.78
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